UK

UK

Policy

UK Treasury report on tokenization cites Ripple as convergence model

A Treasury-backed report targets putting repo, gilts and funds onchain within two years, and warms to permissionless networks that firms like Ripple have been building on.

A man seated on a sofa works on a laptop under a Ripple Labs sign. (Ripple Labs)

Finance

BlackRock, Goldman Sachs, JPMorgan, Morgan Stanley join UK government's tokenization taskforce

The 54 firm-strong group, which is backed by the City of London Corporation, will spend the next year working on live tokenisation use cases across UK financial markets.

Woolard, FCA

Finance

Coinbase secures UK authorization to offer traditional investments alongside crypto

The license allows institutional traders to access perpetual futures and gives U.K. retail customers the ability to trade equities to begin with.

Coinbase (appshunter.io/Unsplash)

Policy

UK's bold new crypto rules promise to unlock global trading, but huge compliance hurdles still threaten the rollout

The U.K. FCA's crypto framework has been praised for prioritizing global liquidity and institutional adoption, but the authorization process is expected to be daunting.

A view over the City of London taken over the Thames near Tower Bridge. (Cj / Unsplash+)

Policy

UK to lower stablecoin capital buffers, undercutting EU's MiCA requirements

The Financial Conduct Authority's proposal follows the Bank of England's backtracking on the limit to the value of stablecoins an individual could hold.

UK FCA building (FCA)

Policy

Ex-FCA policy insider explains the ‘great divide’ in the UK’s crypto ambition

Former FCA policymaker and Hedera Global Policy VP, Isadora Arredondo says there is a gap between the U.K.'s crypto ambitions and how policy is carried out in practice.

Isadora Arredondo. Hedera (Isadora Arredondo)

Policy

Bank of England backs down on strict stablecoin holding limits, sets $50 billion issuance cap

The U.K. central bank abandons retail holding limits for a 40-billion-pound aggregate cap and sweetens yield terms for token issuers ahead of a 2027 market launch.

A pedestrian walks past the entrance to the Bank of England (Unsplash)

Finance

Coinbase-backed Stand With Crypto calls on members to campaign against banks blocking digital asset transactions

Stand With Crypto UK is telling its members to file formal complaints with high-street banks over sector-wide transfer bans.

(SWC/Coinbase)

Policy

UK financial regulator moves to allow mutual funds 10% exposure to crypto ETNs

The Financial Conduct Authority proposed allowing some investment schemes to add exposure to crypto exchange-traded notes.

UK FCA building (FCA)

Policy

UK's financial watchdog cracks down on Premier League crypto partnerships

The FCA said unauthorized firms could be breaching rules on financial promotions through high-profile sponsorships deals.

Manchester City soccer team pose for a group photograph.