UK


Policy

UK Regulator Welcomes Fund Tokenization Plan Proposed by Industry Leaders

The Financial Conduct Authority (FCA) is currently exploring whether it could determine money laundering registration applications more quickly for firms already authorized, the report said.

Archax also tokenized an abrdn market fund in euros, pounds and dollars. (GuerrillaBuzz / Unsplash)

Finance

Tether Deposits of $1B With UK Financial Firm Are at Center of High Court Battle: FT

Tether deposited the funds with a subsidiary of investment bank Britannia Financial, according to the report, which cited filings made in the High Court.

(Nikhilesh De/CoinDesk)

Policy

UK's Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say

The government has said it won't extend certain regulatory exemptions reserved for foreign TradFi firms to crypto, potentially making it tougher for companies to enter the market.

Firms may leave the country. (Romain V / Unsplash)

Policy

UK Cabinet Reshuffle Gives Bim Afolami Responsibility for Crypto, CBDC, Replacing Griffith

His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.

U.K Economic Secretary Bim Afolami (U.K. Parliament)

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Policy

International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up

Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the statement.

OECD logo of a globe, two chevrons and the letters OECD on display

Policy

UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says

The Financial Conduct Authority on Monday published a discussion paper with proposals for a stablecoin regime.

Matthew Long, director of payments and digital assets at the FCA. (FCA)

Finance

Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia

At its annual conference, Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.

Ripple (Jesse Hamilton/CoinDesk)

Finance

Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage

The crypto trading platform for EU will open in "coming weeks," said the company.

Robinhood app on a smartphone (Shutterstock)

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Policy

UK Financial Watchdogs Publish Plans to Regulate Stablecoins

Big Tech companies like Meta and PayPal will be able to issue payments-focused stablecoins under the proposed rules provided they meet the criteria.

UK United Kingdom British England Flag (Unsplash)

Policy

UK Regulator Publishes Guidance for Crypto Marketing Regime

The Financial Conduct Authority’s new ad regime took effect in October.

FCA building with logo (FCA)