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A billionaire has lost a $410 million (c. £305m) lawsuit against his insurers after a judge ruled that five paintings in his collection suffered no visible damage in a fire. Ronald O. Perelman was compensated in relation to a number of destroyed artworks after a 2018 fire at his home in the we

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UK Finance has launched a collaborative industry pilot project to deliver the first UK live transactions of tokenised sterling deposits (GBTD).   These tokenised deposits are a digital representation of traditional sterling commercial bank money. They retain the trust and regulatory protections

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