UK
Private Equity Firm Bridgepoint to Buy Majority of Crypto Audit Specialist ht.digital
Bridgepoint did not disclose the financial terms of the deal. Sky News cited a figure of 200 million pounds ($262 million).
UK Crime Network, Worth Billions, Used Crypto to Funnel Drug Cash to Russia, NCA Says
A billion-pound laundering network spread across the UK used cryptocurrency to move criminal proceeds and help Russian interests evade sanctions, according to the NCA.
Kraken Co-CEO Says UK Crypto Promotion Rules May Harm Retail Investors: FT
Arjun Sethi said questionnaires and warnings about potential financial loss slow down transaction times while asset prices are moving.
ClearToken Wins UK Regulator Approval for Digital Asset Settlement Service
ClearToken won authorization from the U.K.’s FCA to roll out CT Settle, a delivery-versus-payment settlement system for crypto, stablecoins and fiat currency.
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.
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.
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.
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 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.
‘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.
