United Kingdom

United Kingdom

Finance

Man accuses wife of using CCTV cameras to steal $172 million bitcoin from his hardware wallet

The alleged theft of 2,323 bitcoin has triggered a High Court dispute testing how English property law applies to digital assets.

(Credit: Mahosadha Ong-Unsplash/Modified by CoinDesk)

Policy

Punters want crypto: UK Gambling Commission explores how to keep bettors on licensed sites

The Gambling Commission said there is increasing searches and consumer demand for crypto payments in the United Kingdom, which sometimes leads them to illegal websites.

Horce racing, gambling (Noah Silliman, Unsplash/modified by CoinDesk)

Finance

UK crypto rules too slow to support global hub ambitions, says Agant CEO

Regulatory delays risk blunting Britain’s digital asset push, said Andrew MacKenzie, head of the pound-pegged stablecoin developer.

Agant CEO Andrew MacKenzie. (Olivier Acuna/Modified by Coindesk)

Policy

The UK government says banks need to stop blocking crypto firms if the country wants to become a digital hub

U.K. officials say banks must treat crypto businesses fairly as final regulation nears. Strategy

HM Treasury building London (Tilman2007 via Wikimedia Commons/Modified by CoinDesk)

Policy

UK advertising watchdog bans Coinbase ads as 'irresponsible'

The ASA banned Coinbase adverts concluding they imply crypto could ease the country's cost-of-living crisis.

The "eggs now out of budget" Coinbase ad censured by the Advertising Standards Authority. (Sheldon Reback/CoinDesk)

Policy

UK banks’ anti-crypto stance intensifies even as regulatory process moves forward

A crypto lobby group said it found "increased hostility" from British banks, casting a shadow over the global cryptocurrency leadership the country said it is vying for.

Tower blocks including HSBC, Citi in Canary Wharf. (Andrea De Santis/Unsplash/Modified by CoinDesk)

Policy

U.K. FCA moves closer to crypto regulation with final consumer duty consultation

The UK regulator said crypto firms must ensure good outcomes for customers without stifling innovation.

UK FCA (FCA, modified by CoinDesk)

Policy

UK lawmakers push to ban crypto political donations over foreign interference fears

They argue that cryptocurrency's opacity and traceability issues make it a threat to democratic integrity, citing an intelligence report election interference.

UK Parliament Building and Big Ben, London, England (Ugur Akdemir/Unsplash, modified by CoinDesk)

Policy

Sling Money receives approval to offer crypto services in UK as stablecoin payments gain popularity

The crypto payments app joins a growing group of regulated firms as stablecoin transfers gain traction as a cross-border alternative.

UK FCA building (FCA, modified by CoinDesk)

Markets

Number of crypto users in the UK drops even as amount held increases

About 21% of people surveyed by the Financial Conduct Authority said they hold between $1,345 and $6,718, and the most popular cryptos are bitcoin and ether.

UK Parliament Building and Big Ben, London, England (Ugur Akdemir/Unsplash, modified by CoinDesk)