Stablecoins
Bank of England sounds alarm on stablecoin oversight issues
The Bank of England and the FCA are crafting regulatory frameworks to ensure stablecoins maintain stability and mitigate potential financial threats.
Assad Jafri 2 min read
UK News
FCA policy, institutional products, startups, and the UK’s digital asset regulatory roadmap.
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Crypto
BlackRock approved to offer crypto services in UK, expanding digital asset footprint
BlackRock's FCA approval restricts operations to ETP support, significantly narrowing its crypto asset activities.
Crypto
U.K. officials have frozen nearly $7.7M worth of illicit crypto assets in one year
The biggest freeze order was issued against a wallet containing around $2 million in crypto that was hosted on Coinbase.
Latest UK Crypto News & Analysis
Crypto
Bitcoin’s rise turns 2017 theft into multimillion-pound scandal for UK officer
CPS warns against public discourse as high-stakes crypto theft case against ex-officer unfolds.
Exchanges
Kraken strengthens UK crypto regulatory standing with FCA electronic money license
Securing EMI authorization from the FCA empowers Kraken to introduce innovative crypto-focused financial products for the UK market.
Regulation
UK lawmakers advance bill to strengthen crypto seizure powers
New UK bill empowers law enforcement to seize crypto assets preemptively to disrupt unlawful gains.
CBDCs
Bank of England gov warns digital pound must not undermine commercial banks
BoE governor Andrew Bailey also discussed Bitcoin and stablecoins, calling the former a speculative asset, while acknowledging the latter could serve a monetary purpose.
Exchanges
Coinbase becomes UK’s largest registered crypto service provider
Coinbase’s VASP registration in the UK brings the number of approved crypto platforms to around 50.
Crypto
a16z retreats from UK as Trump administration revitalizes US crypto scene
The report highlighted that a16z plans to limit time and resources applied to the UK.
More UK Crypto News Headlines
Legal
Tether claims Swan Bitcoin was ‘reckless,’ escalates legal war after mining venture fallout
CBDCs
Bank of England advances design phase of ‘digital pound’ CBDC
Regulation
New York and Bank of England collaborate to align global crypto regulations
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