UK

UK

Finance

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.

Nigel Farage (Gage Skidmore/Wikimedia Commons)

Finance

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.

FCA entrance in London. (FCA/Press)

Finance

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.

Nigel Farage (Gage Skidmore/Wikimedia Commons)

Finance

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.

Mintoo Bhandari of Monument Bank and Fahmi Syed, president of the Midnight Foundation. (Olivier Acuna/CoinDesk)

Policy

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.

Kalshi website shown on a laptop.

Finance

From warning to listing: UK’s largest retail investment platform opens access to crypto ETNs

The U.K.'s largest retail investment platform, Hargreaves Lansdown, has reversed course following the FCA's decision to lift its retail ban on crypto ETPs in October.

Hargreaves Lansdown. UK Wealth manager. (Hargreaves Lansdown/Press)

Markets

Former UK Prime Minister Liz Truss says bond rout could force emergency spending cuts

The former prime minister said U.K. is among the worst examples of rising debt and warns the situation may have gone too far.

Head and shoulders photo of Liz Truss

Finance

UK’s crime agency freezes Premier League $13.5 million account in crypto crime probe

Authorities targeted funds from a $140 million sponsorship deal with crypto firm Sorare, though law enforcement confirmed no wrongdoing by the Premier League.

Premier League (James Kirkup/Unsplash)

Markets

London Stock Exchange to work with Payward to bring biggest UK stocks onchain

The LSE is working with Kraken owner Payward, the developer of the xStocks tokenized equities framework, to bring top U.K.-listed stocks onchain.

Entrance to the London Stock Exchange

Finance

240 UK taxpayers made more than $1.3 million each from crypto holdings in fiscal 2025

For the first time, the U.K.'s tax office broke out crypto capital gains figures, showing 17,600 people reported $1.87 billion in profits during the 2024-2025 tax year.

Tax office UK. (HM Revenue/Press)