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Crypto Crunch: Why One of Britain’s Biggest Banks Is Saying No to Digital Assets

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Starting June 27, Barclays will prohibit cryptocurrency transactions using Barclaycard credit cards, citing risks associated with purchasing cryptocurrencies. Barclays Cites Cryptocurrency Volatility Effective June 27, Barclays clients will no longer be able to conduct cryptocurrency transactions using Barclaycard credit cards. The bank stated it made this decision because “there are certain risks with purchasing crypto-currencies.” … Read more

Top Regulators Forge US-UK Alliance to Oversee Digital Assets

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U.S. and U.K. regulators are accelerating unified oversight of digital assets, stablecoins, AI in finance, and cross-border innovation, reshaping global markets and fortifying financial stability. US-UK Power Bloc Moves Aggressively on Digital Assets and Global Financial Stability The U.S. Department of the Treasury issued a Joint Statement on the U.S.-U.K. Financial Regulatory Working Group on … Read more

The Smarter Web Company Expands Bitcoin Holdings as Part of Long-Term Strategy

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The Smarter Web Company, a London-listed technology firm, has announced the purchase of an additional 196.9 bitcoin as part of its ongoing treasury policy outlined in “The 10 Year Plan.” The acquisition, valued at £15,185,259 ($20,610,000), was made at an average price of £77,122 per bitcoin ($103,290). This latest purchase brings the company’s total bitcoin … Read more

Ripple Unveils Urgent 4-Point Plan to Ignite UK Crypto Revolution

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Ripple is pushing the UK to ignite crypto leadership with four bold regulatory moves set to spark explosive innovation, massive investment, and unstoppable blockchain-driven financial dominance. New Recommendations Set Stage for UK’s Explosive Crypto Power Shift Ripple revealed on June 18 that momentum is accelerating in the United Kingdom’s effort to define its crypto-asset regulatory … Read more

UK FCA Creates New Deputy Chief Executive Role to Oversee Regulation of Stablecoin and Crypto Firms

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The UK Financial Conduct Authority (FCA) has appointed Sarah Pritchard as its new Deputy Chief Executive, a role created to reflect the organization’s expanding responsibilities, including the integration of the Payment Systems Regulator and the regulation of stablecoin and crypto firms. Since joining the FCA in June 2021, Pritchard has led the supervision, policy, and … Read more

UK-Based The Smarter Web Company Boosts Bitcoin Investments Amid Strategic Growth Plan

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The Smarter Web Company, a London-listed technology firm, announced the acquisition of an additional 45.32 bitcoin as part of its ongoing treasury policy outlined in “The 10 Year Plan.” The purchase, totaling £3,509,370 ($4,736,000) at an average price of £77,437 ($104,999.50) per bitcoin, brings the company’s total bitcoin holdings to 168.08 bitcoin, with an overall … Read more

UK Financial Watchdog Proposes Lifting Ban on Crypto ETNs for Retail Investors

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The U.K. Financial Conduct Authority has proposed lifting a ban on offering crypto exchange-traded notes to retail traders. Normal Financial Promotion Rules to Apply The U.K. financial watchdog, the Financial Conduct Authority (FCA), has proposed lifting a ban on offering crypto exchange-traded notes (ETNs) to retail traders. If adopted, the proposal would allow pave the … Read more

UK Financial Giant IG Group Launches Crypto Trading for Retail Investors

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UK financial giant IG Group, a leading FTSE 250 trading platform, is launching cryptocurrency trading for retail investors—becoming the first UK-listed company to offer such services. Customers can buy, sell, and hold major digital currencies, including bitcoin, ethereum, and select stablecoins, all with a flat 1.49% transaction fee. In partnership with Uphold, IG’s platform allows … Read more

GFO-X Launches UK Regulated Trading Venue for Centrally Cleared Crypto Derivatives

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GFO-X announced the successful launch of its UK regulated trading venue for centrally cleared digital asset derivatives. This venue aims to meet the growing institutional demand for compliant crypto futures and options. The first institutional trade was executed between Virtu Financial and IMC, marking a significant milestone in the evolution of institutional-grade digital asset markets. … Read more

Revolut to Enhance Bitcoin Lightning Infrastructure in Europe via Lightspark

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Lightspark has announced a new partnership with Revolut to enhance payment infrastructure using the bitcoin network in the UK and select European countries. This collaboration aims to eliminate delays and high network fees associated with traditional payment systems, enabling seamless transactions powered by advanced open technology. Revolut will connect to the open Money Grid, joining … Read more