UK


Policy

The UK’s crypto rulebook is finally taking shape

A long-awaited crypto regime in the U.K. is moving from theory to execution, even if firms must wait until 2027 for full clarity.

Big Ben in the UK (Heidi Fin/Unsplash/Modified by CoinDesk)

Finance

Bybit returns to UK with 100 crypto trading pairs after 2-year break

Bybit exited the U.K. in 2023 following a tightening of rules around the promotion and marketing of crypto services.

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

Policy

UK regulators start major consultation on crypto listings, DeFi, and staking

The proposals outline a "similar approach" to regulating crypto as in TradFi, echoing the U.K. Treasury's intention to extend financial rules to crypto.

UK FCA (FCA, modified by CoinDesk)

Policy

Top U.S. Crypto Lobbying Arm Digital Chamber Integrates CryptoUK as Affiliate

The Digital Chamber is among the oldest and largest crypto advocacy groups, and it'll now incorporate CryptoUK into its widening operations.

Digital Chamber and CryptoUK in UK (Jesse Hamilton/CoinDesk)

Policy

Crypto Investor Donates $12M to UK's Reform Party

Christopher Harborne has invested in stablecoin issuer Tether and crypto exchange Bitfinex, according to reports.

Nigel Farage (Gage Skidmore/Wikimedia Commons)

Policy

UK Passes Law Formally Recognizing Crypto as Property

The Property (Digital Assets etc) Act received Royal Assent on Tuesday, the final step of an act becoming law after being passed by the U.K. Parliament.

The UK government wants to regulate crypto like finance, not gambling (Ugur Akdemir/Unsplash)

Finance

Private Equity Firm Bridgepoint to Buy Majority of Crypto Audit Specialist ht.digital

Bridgepoint did not disclose the financial terms of the deal. Sky News cited a figure of 200 million pounds ($262 million).

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

Finance

UK Crime Network, Worth Billions, Used Crypto to Funnel Drug Cash to Russia, NCA Says

A billion-pound laundering network spread across the UK used cryptocurrency to move criminal proceeds and help Russian interests evade sanctions, according to the NCA.

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

Policy

Kraken Co-CEO Says UK Crypto Promotion Rules May Harm Retail Investors: FT

Arjun Sethi said questionnaires and warnings about potential financial loss slow down transaction times while asset prices are moving.

Kraken on phone (PiggyBank/Unsplash, modified by CoinDesk)

Policy

ClearToken Wins UK Regulator Approval for Digital Asset Settlement Service

ClearToken won authorization from the U.K.’s FCA to roll out CT Settle, a delivery-versus-payment settlement system for crypto, stablecoins and fiat currency.

UK FCA building (FCA)