UK

UK

Policy

Bank of England Confirms Plans for 'Temporary' Stablecoin Holding Limits

The U.K.'s central bank said on Monday it is proposing "temporary" limits of 20,000 pounds ($26,300) per coin for individuals and 10 million pounds for businesses.

Bank of England (Robert Bye / Unsplash / Modified by CoinDesk)

Policy

UK Stablecoin Rules Will Be in Place 'as Quickly as the U.S.,' BOE Says: Bloomberg

BOE Deputy Governor Sarah Breeden tied the need to impose caps on stablecoin holdings to the U.K.'s mortgage market, which relies on commercial bank lending.

Bank of England (Robert Bye / Unsplash / Modified by CoinDesk)

Finance

Crypto Staking Company KR1 Plans to List on the London Stock Exchange: FT

Isle of Man-based KR1 is currently listed on the small cap Aquis exchange and intends to move to the principal LSE market.

Entrance to the London Stock Exchange

Policy

UK Regulator Sues Crypto Exchange HTX for Unlawful Promotion of Digital Assets

The financial watchdog previously issued warnings going back to 2023 about the exchange, which has links to Tron founder Justin Sun.

UK FCA building (FCA, modified by CoinDesk)

Markets

UK Bitcoin ETPs From BlackRock, Others Start Trading in London After FCA Ends Ban

BlackRock exchange-traded product is already been listed on several European exchanges.

BlackRock logo in front of a building (BlackRock/Modified by CoinDesk)

Policy

‘Bitcoin Is Not an Asset Class,’ Says One of UK’s Largest Retail Investment Platforms

Hargreaves Lansdown says bitcoin lacks intrinsic value and shouldn’t be part of portfolios, even as it prepares to launch crypto ETN trading for clients early next year.

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Policy

UK Lifts Retail Ban on Crypto ETNs, Paving Way for Investments From Pensions, ISAs

The U.K. has ended its ban on crypto exchange-traded notes, letting retail investors hold bitcoin and ether ETNs tax-free in pension and ISA accounts.

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

Policy

Bank of England Plans Exemptions to Stablecoin Limits: Bloomberg

The BoE will grant waivers to some businesses like crypto exchanges that need to hold large amounts of the tokens.

Bank of England (Robert Bye / Unsplash / Modified by CoinDesk)

Policy

Investment Platform IG Wins FCA Approval for Crypto License, Expands UK Offering

The license win will allow IG to expand its crypto services and cement its position as a multi-asset trading platform.

UK FCA building (FCA)

Markets

Valour Debuts Bitcoin Staking ETP on London Stock Exchange in Move Outside Mainland Europe

Valour, a DeFi Technologies subsidiary, introduced a bitcoin staking ETP to the LSE. It is restricted to professional investors and offers a 1.4% annual yield.

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