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The UK Financial Conduct Authority (FCA) has filed civil proceedings in the High Court against HTX (formerly Huobi), alleging the exchange unlawfully promoted crypto asset services to UK consumers in breach of Britain’s financial promotions regime. HTX is not authorized to operate in the UK. The FCA says the action is part of its commitment … Read more
The Bank of England (BoE) plans to establish a regulatory framework for stablecoins by the end of 2026. UK Seeks to Match U.S. Progress The Bank of England (BoE) is reportedly aiming to establish a stablecoin regulatory framework by the end of 2026 as it seeks to keep pace with other jurisdictions opening their financial … Read more
Global adoption of crypto accelerated as major asset managers launched regulated bitcoin and ethereum products on the London Stock Exchange, signaling broad institutional alignment, rising regulatory clarity, and crypto’s rapid integration into global finance. Listings on the LSE Mark Crypto’s Shift Toward Worldwide Normalization Momentum toward global cryptocurrency normalization is accelerating as major asset managers … Read more
The UK tax authority has intensified its efforts to address crypto tax non-compliance, sending around 65,000 “nudge” letters in the 2024–25 tax year. Surge in ‘Nudge’ Letters Revealed by FOIA The United Kingdom’s tax authority, His Majesty’s Revenue and Customs (HMRC), has escalated its crackdown on crypto tax non-compliance, issuing approximately 65,000 “nudge” letters to … Read more
After scooping up more than 127,000 bitcoin, the U.S. wears the crown as the biggest nation-state or government holder of the world’s top crypto asset. Here’s a freshly updated rundown of the leading country-level bitcoin stashes and where they stand as of Oct. 19, 2025. Behind Closed Wallets: Governments Have Amassed Billions in Bitcoin As … Read more
The UK government is weighing a compensation plan for victims of a major crypto fraud involving 61,000 BTC seized from Chinese scammer Zhimin Qian. Details of the Seizure and Conviction The United Kingdom government is considering a compensation plan for victims of a major fraud case that could see the Treasury retain a portion of … Read more
A digital asset industry leader sees the Financial Conduct Authority’s decision to lift its prohibition on the sale of crypto ETNs to retail investors as a major step toward making the country a hub for crypto innovation. A Milestone for the UK Crypto Industry The Financial Conduct Authority (FCA)’s decision to lift its prohibition on … Read more
The U.K. central bank reportedly plans to grant exemptions to proposed limits on stablecoin holdings for entities like cryptocurrency exchanges. Embracing Change and Competition The Bank of England (BOE) reportedly plans to grant exemptions to proposed limits on stablecoin holdings for entities like cryptocurrency exchanges, which may have to hold large sums of these fiat-pegged … Read more
The UK Treasury is reportedly considering keeping most of the 61,000 bitcoins seized from Chinese fraudsters in 2018, potentially to help address fiscal shortfalls. However, officials have warned against relying on the crypto due to the likelihood of a lengthy legal battle. Legal Warnings Over 61,000 BTC Seizure The United Kingdom (UK) Treasury is reportedly … Read more
A groundbreaking transatlantic initiative is fueling institutional blockchain adoption, spotlighting stablecoins, tokenized assets, regulatory alignment, and cross-border finance, with Ripple positioned to shape global standards and accelerate digital growth. Ripple Touts Bilateral Taskforce as Catalyst for Institutional Blockchain Adoption Ripple shared insights on Sept. 25 regarding a new bilateral initiative between the United Kingdom and … Read more
