UK

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.

UK Appoints First Crypto Specialist for Insolvencies
The country has been beefing up its crypto work as digital assets have soared in popularity.

UK-Listed Investments Platform IG Offers Spot Crypto Trading to Retail Customers
This marks IG's first offering of crypto exposure through spot trading of BTC, ETH and a range of smaller tokens

Nigel Farage Vows to Establish BTC Reserve and Pass Pro-Crypto Legislation Once in Government
“We are going to launch, in Britain, a crypto revolution. We’re going to make London one of the major trading centers of the world,” Farage said.

Nigel Farage-Led Reform UK Becomes First European Political Party to Accept Crypto Donations
The crypto donations can be accepted via a partnership with payments firm Radom.

Tokenization Platform BPX Exchange Lands on UK Crypto Register
The Financial Conduct Authority has accepted only 52 companies on its crypto register since 2020.

UK's FCA Seeks Views on Stablecoins, Crypto Custody to Prevent Firm Failures
The country's market regulator's proposed rules are meant to ensure stablecoins maintain their value and seek to reduce the likelihood of stablecoin and crypto custody companies failing.

UK’s FCA Seeks Public and Industry Views on Crypto Regulation
The Financial Conduct Authority is seeking views on intermediaries, staking, lending and borrowing, and decentralised finance.

