UK

UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin
The decision concerns 61,000 BTC seized by the Metropolitan Police in its investigation into Zhimin Qian, who pleaded guilty to defrauding thousands of people in China.

UK slaps sanctions on three crypto exchanges over alleged Russia links
Britain said the crypto platforms and two payment services may have helped Russia evade financial sanctions, with two handling transactions involving the Kremlin-backed A7 network.

Clock's ticking: UK's crypto regulatory application window opens with February deadline
The five-month application window precedes the new regulatory framework’s planned introduction in October 2027, after years of legislative development.

UK’s largest banks complete world’s first interbank transactions using tokenized deposits
Barclays, NatWest, and HSBC and others used tokenized deposits for remortgages and a marketplace-payment test, taking bank-issued digital cash beyond a single institution.

UK signals end of 'light-touch' era with multi-agency raid on peer-to-peer crypto hubs
Increased enforcement coincides with detailed regulatory guidance issued to crypto firms ahead of the full framework taking effect in late 2027.

Nigel Farage-backed Stack BTC plans to acquire a gold dealer for $16 million to fund bitcoin buy
The proposed acquisition would use cash flow from precious metals sales to build bitcoin holdings.

FCA considers exempting tokenized gold from fund rules to defend London market
The Financial Conduct Authority is exploring a bespoke regulatory framework with the Treasury to carve out digital gold from traditional fund laws.

Nigel Farage’s Reform UK lands $97 million donations from two crypto billionaires in 24 hours
The combined haul equals the largest individual political donations in U.K. history, sharply scaling up crypto industry backing.

Monument Bank delays retail tokenized deposits while onboarding custody partner
The London-based challenger bank tapped a Canadian custodian to meet the Financial Conduct Authority’s regulatory requirements. It now expects to roll out retail tokenized deposits by November.

UK regulator weighs easing financial prediction market ban: Times
The FCA reportedly held talks with trading platforms as Britons turn to Polymarket and Kalshi, though its public position still supports the ban.
