UK

U.K. 30-Year Yield Tops U.S. as Pressure Mounts on Government Borrowing
Markets demand a higher premium for U.K. debt compared to U.S. Treasury notes.

UK Says Crypto Sector Likely Under Reporting Sanction Breaches
U.K.-based crypto asset firms also face a high risk of being targeted by North Korean hackers, many of which operate on behalf of sanctioned entities, the report said.

Gordon Brown Redux? UK Reportedly Mulls Sale of 5B Pounds in Bitcoin
Facing a budget hole of perhaps 20 billion pounds, the country's Home Office is working with the police to perhaps sell billions of seized crypto, according to The Telegraph.

Two Arrested in UK on Suspicion of Running Illegal Crypto Exchange
Seven crypto ATMs were also found and seized by the FCA.

UK Commits to Enabling DLT, Tokenization Work in its Wholesale Strategy
Regulators will also explore how stablecoins can be utilized in the new Digital Securities Sandbox.

UK Crypto Users Could Face $408 Fine for Failure to Provide Certain Information
HMRC said the information will help users' crypto activity be linked to their tax record to work out how much tax is payable.

Barclays to Ban Credit-Card Crypto Purchases Starting Friday
Barclays said it will block cryptocurrency transactions on Barclaycard as of June 27 because of "certain risks" when purchasing crypto.

UK to Propose Restrictions on How Banks Can Deal With Crypto Next Year
The U.K.'s incoming rules will be on the more restrictive end, said David Bailey, the executive director of prudential policy at the Bank of England.

UK Startup Optalysys Debuts Server for Blockchains
Optalysys is claiming bragging rights for introducing the LightLocker node, the world’s first server for blockchains that can process data at scale without decrypting it.

U.K. Regulator Names Sarah Pritchard as Deputy CEO to Help Oversee Crypto, Stablecoins
Pritchard's elevation is a sign of the FCA's focus on developing a comprehensive regulatory environment for the industry.

