UK

UK Government Targets Exchanges and Stablecoins With New Draft Crypto Rules
The statutory instruments will see the creation of new regulated activities such as operating a cryptoasset trading exchange and stablecoin issuance.

UK's Financial Regulator, FCA, Re-Appoints Nikhil Rathi as CEO for Another 5 Years
Under his leadership the FCA has hosted a registration regime for crypto firms and has launched discussion papers on the incoming 2026 regime.

Galaxy Secures UK Approval for License to Expand Derivatives Trading
The company is on the Financial Conduct Authority's investment firms register which is for firms that are authorized to perform MiFID investment services.

UK Introduces Crime Bill That Extends Powers for Courts When Retrieving Crypto
The Crime and Policing Bill has measures on how to value crypto and retrieve it from criminals.

U.K. Man Wants to Buy Landfill Site in Search for Lost $784M of Bitcoin: Report
He tried to sue the local council for not responding to his requests to search the site, but the case was dismissed by a judge in January.

Coinbase Secures Spot on UK Crypto Register
The exchange can now offer crypto services to clients in the country.

UK Appoints Emma Reynolds as Economic Secretary to Oversee Crypto
Emma Reynolds was appointed as the new economic secretary following the resignation of Tulip Siddiq.

Dutch Regulator Awards EU MiCA License to 4 Companies
The European Union set a deadline for its 27 member states to implement bespoke rules for crypto by December 30.

Craig Wright Receives Suspended Jail Sentence for Contempt of Court
Wright's suit for intellectual property rights related to bitcoin violated a court order imposed after his claim to be bitcoin inventor Satoshi Nakamoto was ruled to be false.

UK Set to Prohibit Public Offers of Crypto
The FCA's paper also asks for industry input on its incoming markets admission and disclosures as well as market abuse regime.

