UK

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.

UK FCA Plans to Waive Some Rules for Crypto Companies: FT
The financial watchdog wishes to adapt its existing rules for financial service companies to the unique nature of cryptoassets

UK Bitcoin ETNs Could Be a Bigger Deal Than People Expect
The FCA’s reversal of a ban on crypto ETNs after four years marks more than a regulatory tweak, with some industry voices calling it a turning point for Britain’s role in global crypto markets.

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.

