CBDCs
UK looks to launch digital pound by 2030, roadmap to be released soon
The Bank of England and the Treasury believe that the U.K. will "likely" need a digital pound amid declining cash usage.
Monika Ghosh 2 min read
UK News
FCA policy, institutional products, startups, and the UK’s digital asset regulatory roadmap.
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Top UK Stories
Adoption
London tops crypto hub rankings with 2nd highest number of crypto companies in the world
The city of London was praised for having over 800 crypto companies.
Legal
Craig Wright’s lawsuit against multiple Bitcoin developers will go to trial
If he wins, a number of developers could be forced to modify Bitcoin's code.
Latest UK Crypto News & Analysis
Stablecoins
Four men controlled 86% of Tether shares in 2018
Tether is deeply intertwined with Bitfinex. The two firms have a common CEO, CFO and general counsel, as per a WSJ report.
Regulation
UK plans “robust” rules for crypto exchanges
Britain's finance ministry, HM Treasury, will release a set of draft rules on Feb. 1.
Scams
UK home to hundreds of companies running crypto, forex scams
The U.K. government pledged to "tighten the rules, including the introduction of a requirement to verify information provided to Companies House" to more effectively combat the fraudulent activities.
Bankruptcy
FTX-funded charity faces UK government probe
The Charity Commission described FTX's bankruptcy as a "serious incident" because it was significant funder of the Effective Ventures Foundation.
Regulation
UK mulls crypto legislation in first parliamentary debate on crypto in 2023
The country’s finance minister Andrew Griffith led a parliamentary debate on cryptocurrency on Wednesday, with lawmakers agreeing that more needs to be done to bring clarification to the nascent sector.
Adoption
UK undeterred by FTX collapse, crypto hub objective stands
Member of Parliament Andrew Griffith told the U.K. Treasury Committee that the country should not backtrack on its crypto hub plans over the FTX collapse.
