UK

UK

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.

Bitcoin Logo

Policy

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 FCA building (FCA, modified by CoinDesk)

Policy

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.

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

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.

CoinDesk

Policy

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.

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

Markets

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.

UK Chancellor Rachel Reeves (Leon Neal/Getty Images)

Policy

Two Arrested in UK on Suspicion of Running Illegal Crypto Exchange

Seven crypto ATMs were also found and seized by the FCA.

UK FCA building (FCA)