UK

UK

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.

Policy

UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions

The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.

Houses of Parliament, London (Drop of Light/Shutterstock)

Finance

Major crypto exchanges increase transfer scrutiny with HTX over UK sanctions

The UK sanctioned crypto exchange HTX due to alleged ties to Russian sanctions evasion networks and illicit financial activity.

CoinMarketCap showing top crypto prices (Behnam Norouzi/Unsplash/Modified by CoinDesk)

Markets

Crypto exchange HTX rejects U.K. sanction allegations, says it refused ruble stablecoin listing

U.K. authorities sanctioned HTX, saying there were "reasonable grounds to suspect" the crypto exchange was helping Russia by cooperating with ruble stablecoin A7A5.

The Russian flag waves against an almost cloudless sky. (CoinDesk archives)

Videos

Hyperliquid takes on Polymarket with native event markets

Hyperliquid is expanding its HIP-4 outcome contracts into real-world events like inflation data and Fed decisions, putting it in direct competition with Polymarket. The key difference: Hyperliquid handles dispute resolution in-house through its validators, rather than relying on an external oracle like Polymarket's UMA. CoinDesk's Sam Ewen hosts "CoinDesk Daily."

Hyperliquid takes on Polymarket with native event markets

Policy

Too many cooks: How regulatory infighting is choking the UK's crypto hub ambitions

While the FCA opens its doors to market pilots, structural delays and legislative friction are fueling industry frustration over a framework trailing behind the U.S. and Europe.

Jonny Fry, a British blockchain and financial researcher, reveals frictions within the U.K. government

Policy

UK’s financial payments network is ready for tokenization, regulators say

The U.K.’s financial watchdog and central bank unveiled their roadmap for tokenization, the use of stablecoins for institutional settlement and a phased transition toward 24/7 operation.

UK FCA building (FCA)

Policy

Bank of England ready to water down 'overly conservative' stablecoin proposals: FT

Restrictions proposed by the BOE prompted criticism from the crypto industry, which said they risked preventing the U.K. from being competitive in the digital economy.

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