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York pip Featherstone in extra time to win 1895 Cup
York pip Featherstone in extra time to win 1895 Cup

BBC News

time5 days ago

  • Sport
  • BBC News

York pip Featherstone in extra time to win 1895 Cup

1895 Cup final, Wembley StadiumFeatherstone (2) 4Goals: Reynolds 2York (4) 5Goals: Harris 2 Drop-goal: HarrisMatch ended 4-4 after 80 minutes York Knights lifted the 1895 Cup for the first time as they edged Championship rivals Featherstone Rovers in golden-point extra time at Harris slotted a 35-metre drop-goal in the fifth minute of added time to spark celebrations after a tryless 80 minutes had ended level at aiming to become the first side to win the 1895 Cup for a second time by following-up their win in 2021 against York, started well and hit the front with a 12th-minute penalty from scrum-half Ben as errors crept into Rovers' game, York took control of a physical first half, levelling through the boot of Harris before the scrum-half kicked a long-range second penalty as the hooter blew for half-time. Harris was stopped just short as York restarted well, but Featherstone responded, with Clay Webb denied by Toa Mata'afa's try-saving tackle before Reynolds' second penalty levelled the scores on the back-row Oli Field was brought down a few metres short of the line and Featherstone wasted a late drop-goal opportunity as nerves and fatigue sides missed drop-goal attempts in extra time through Harris and Ryan Hampshire, before the former found the target to clinch a tense Aekins, Olpherts, Hardcastle, Gale, Wynne, Reynolds, Hampshire, Springer, Jubb, Beckett, Day, Webb, Jones, Williams, Vuniyayawa, Mata'afa, Brown, Buchanan, Field, Galeano, Hingano, Harris, Martin, McShane, Ta'ai, Dee, Bailey, Cook, Santi, Gannon, Liam Rush.

SocGen's Crypto Arm to Launch Dollar Denominated Stablecoin on Ethereum, Reports Say
SocGen's Crypto Arm to Launch Dollar Denominated Stablecoin on Ethereum, Reports Say

Yahoo

time21-05-2025

  • Business
  • Yahoo

SocGen's Crypto Arm to Launch Dollar Denominated Stablecoin on Ethereum, Reports Say

Société Générale's crypto arm, SG Forge, is reportedly preparing to launch a dollar-backed stablecoin on Ethereum, making it the first global banking group to issue a public stablecoin tied to the U.S. dollar. SG Forge's dollar stablecoin would be publicly accessible on Ethereum, with additional support for Solana to follow. The launch is expected in the coming weeks, according to a report by French publication The Big Whale. The move would expand SG Forge's footprint in the digital asset space following the 2023 debut of its euro stablecoin, EURCV. The token would initially serve institutional investors, leveraging SG Forge's e-money license to operate legally across the European Union, according to the report. The shift would come amid accelerating stablecoin adoption. World Liberty Financial, the decentralized finance project backed by the family of U.S. President Donald Trump, has launched its own dollar-denominated stablecoin, USD1, which has been used to settle MGX's $2 billion investment in Binance. Banks, according to BitGo's managing director of stablecoin Ben Reynolds, are exploring stablecoins in a bid to avoid being outpaced by cryptocurrency-native competitors. These financial institutions are needed to unlock the full potential of these tokens, PayPal's crypto head Jose Fernandez da Ponte said at Consensus 2025 in Toronto. SG Forge's euro-denominated stablecoin, EURCV, currently has a market capitalization of around $46.5 million, far behind competitors including Circle's EURC token, whose market cap exceeds $237 million. Euro-denominated tokens represent a fraction of the $243 billion stablecoin market. U.S. dollar stablecoins dominate the ecosystem, with Circle's USDC commanding a $60.6 billion market cap, behind the market leader USDT, Tether's flagship stablecoin with a $151.6 billion market cap. SG Forge declined to comment. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

UK sand eel fishing ban remains in place despite EU legal challenge
UK sand eel fishing ban remains in place despite EU legal challenge

The Guardian

time02-05-2025

  • Politics
  • The Guardian

UK sand eel fishing ban remains in place despite EU legal challenge

A ban on fishing for sand eels in UK waters will remain in place despite a legal challenge from the EU. The small, silvery eels make up the bulk of the diet of seabirds, but they are fished for commercial pig food. A lack of sand eels means seabirds such as puffins can starve to death. After the UK left the EU, the previous Conservative government banned European countries from fishing for sand eels in British waters. The EU took the UK to court over the decision in order to support Denmark, which has the largest sand eel fishing fleet. Lawyers argued ministers did not consider the 'economic and social' effects of the ban. They used the dispute settlement mechanism of the EU-UK Trade and Cooperation Agreement to contest the ban. The ruling found the decision to close Scottish waters to sand eel fishing was fully upheld, but that during the decision-making process to close English waters to sand eel fishing, the UK did not have sufficient regard to the principle of proportionality, specifically in relation to EU rights during the adjustment period. Ministers said they would bring the process back into compliance but that they did not need to reopen the fishery while they did so. Nature campaigners celebrated the decision. Beccy Speight, chief executive of the Royal Society for the Protection of Birds, said: 'We are absolutely delighted the panel has found the ecological case for the closure of industrial sand eel fishing is sound. Also, that UK governments are within their rights to restrict sand eel fishing in UK waters to protect this valuable food source for declining seabirds. 'This has been a great example of collaboration between the UK and Scottish governments, and all those in civil society across the UK and the EU that have campaigned long and hard for our threatened seabirds. We now expect the UK government and the EU to move forward and make this closure permanent. Safeguarding sand eel stocks is a key part of the jigsaw that will help set our puffins, kittiwakes and the wider marine environment on the path to recovery.' Ben Reynolds, executive director of green thinktank IEEP UK, said: 'The decision of the tribunal is welcome news for the environment, and for the finding that there is no legal obligation to reverse the closures despite the procedural error being found in the English case. This is one of only a handful of issues where the UK has used its post-Brexit powers to go further than the EU on tightening up protection of the environment.' Sign up to Down to Earth The planet's most important stories. Get all the week's environment news - the good, the bad and the essential after newsletter promotion A government spokesperson said: 'We welcome the clarity provided by this decision, and we will undertake a process in good faith to bring the UK into compliance on the specific issues raised by the tribunal. The ruling does not mean the UK is legally obliged to reverse the closure of English waters, and the decision to close Scottish waters was fully upheld.'

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