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It was meant to be a peaceful evening on Malaga's seafront. 

The body was found after emergency services were called out to search the water off Eastbourne on Friday afternoon.

A U.S. banking group just sued the government agency that issues America's federal bank charters, reports CoinDesk, "accusing it of exceeding its legal powers in granting national trust-bank status to crypto firms." The agency's move "creates a gaping hole in financial regulation," according to the lawsuit by The Independent Community Bankers of America, one of America's largest banking advocacy organizations. It argues the move will "perversely allow entities engaged in highly risky cryptocurrency and digital assets activities to enter the banking system under lightly regulated national charters" which actually preempt many state regulations, including consumer protection laws. But the move would also "place community banks at a severe competitive disadvantage," the lawsuit argues, "by allowing the national trust banks to offer many of the same services as community banks without complying with the same costly banking laws and regulations that apply to the community banks." This competitive advantage could "siphon deposits out of community banks and into deposit alternatives like cryptocurrency," which they describe as "highly volatile, prone to market crashes, cybercrime, and fraud" and lacking protections like deposit insurance. They also warn that America's Office of the Comptroller of the Currency "has not managed an uninsured bank receivership in nearly one hundred years. But failures of risky uninsured national trust banks could spread instability throughout the nation's financial system, including by spreading contagion risks to other traditional banks like community banks." CoinDesk reports: [The Independent Community Bankers of America] also played a significant role in pushing back against the Digital Asset Market Clarity Act that failed to advance in the U.S. Senate last month — in part due to the bankers' objections that its stablecoin provisions didn't protect them against direct competition with the deposit accounts that are core to their businesses. Now, the group is targeting the trust charters crypto firms are pursuing as an entry point into the U.S. banking and payments system. "Congress did not create the national trust charter as a side door into the banking system for crypto firms seeking the credibility of a federal bank charter," ICBA President and CEO Rebeca Romero Rainey said in a statement..

Read more of this story at Slashdot.

Those arrested remain in custody

Essex Police arrest a man on suspicion of GBH after a physical confrontation in Chelmsford left another man with a serious head injury on October 3.

Essex Police arrest a man on suspicion of GBH after a physical confrontation in Chelmsford left another man with a serious head injury on October 3.

Despite originally being described as a 'dream for all homeless people', the site has since spiralled with problems over the past five years.

Chris Rhodes has defended his decision to pull down his side of the building, located in Pudsey in Leeds, after his neighbour complained she had been subjected to a 'four-year nightmare'.

The Chancellor is said to have been warned that a raid on the sector later this month will threaten Prime Minister Andy Burnham's promise of economic growth.

A 28-year-old motorcyclist has died after a crash on the A406 North Circular near Chingford on October 4. Met Police are now appealing for witnesses.

A 28-year-old motorcyclist has died after a crash on the A406 North Circular near Chingford on October 4. Met Police are now appealing for witnesses.

The warning came at around 4.30pm last Saturday, as security at the US-linked airbase was heightened following intelligence suggesting an attack could be possible.

The former Leeds Rhinos captain, 46, rushed back from an England rugby camp after being told Burrow was close to death and travelled north to see his stricken friend.

"Don't take the risk. It's not worth it."

Had I not married Colin Tennant (later Lord Glenconner) my life could have turned out very differently.

It started slowly. In my late-40s, during what I now know was perimenopause, I gained around 4kg (nearly 9lb).

Angela Rayner has given councils the power to seize properties if they've been empty for just six months. It marks the latest twist in Labour's crackdown on landlords and second home owners.

In response to the indefensible October 7, 2023 attacks, Benjamin Netanyahu's government pounded Gaza with devastating airstrikes.

No arrests have been made

Flights from London Southend and Stansted to Barcelona were cancelled on October 3 and October 4 as severe weather caused flooding and travel chaos.