Britain’s Financial Watchdog to Stop Lending for Crypto Asset Purchases

The Financial Conduct Authority (FCA), Britain’s financial watchdog, has decided to step in and stop financial institutions from giving credit to facilitate the purchase of cryptocurrency assets. The decision is part of a larger set of rules the institution aims to include to streamline crypto regulation. “Crypto is an area of potential growth for the … Read more

UK Treasury Unveils Draft Cryptoasset Regulations, Seeks Feedback by May 2025

On April 29, 2025, the UK Treasury announced the release of a draft Statutory Instrument (SI) and a Policy Note detailing the UK’s upcoming financial services regulatory framework for cryptoassets, including stablecoins. Following proposals outlined in October 2023 and reaffirmed in November 2024, the draft SI establishes new regulated activities, such as operating cryptoasset trading … Read more

Bitwise Launches 4 Crypto ETFs on London Stock Exchange

Bitwise supercharges its European expansion by listing four top-tier crypto ETPs on the London Stock Exchange, unlocking elite access for UK investors. Bitwise Unleashes Institutional Crypto Arsenal on LSE in Major UK Power Play Asset management firm Bitwise announced on April 16 that it had listed four of its Germany-issued crypto exchange-traded products (ETPs) on … Read more

Ripple Urges UK to Speed up Crypto Rules at Policy Summit

Ripple is sounding the alarm for immediate UK regulatory action to capture a multi-trillion-dollar digital asset opportunity and lead the future of global crypto finance. Ripple Calls for Urgent UK Action on Crypto Regulation At a recent summit hosted by Ripple in London, policymakers and industry experts assembled to explore how the United Kingdom can … Read more

Blackrock Wins UK Crypto Approval With Razor-Sharp Focus on Institutional Play

Blackrock’s FCA approval to support a crypto ETP marks a breakthrough for institutional adoption in the UK, unlocking new pathways into regulated digital asset exposure. UK’s FCA Clears Blackrock as Arranger for Crypto ETP, Marking Major Institutional Shift Blackrock International Ltd., part of global investment firm Blackrock, has officially received registration as a digital asset … Read more

8,000 BTC Still Buried as Appeal Denied—Bitcoin Recovery Fight Heads to Europe

A British man’s desperate fight to recover about 8,000 lost bitcoin—worth hundreds of millions—has been blocked again, pushing him to take his battle to Europe. Appeal Denied: 8,000 BTC Trapped as Man’s Battle Moves to Europe A British man who accidentally discarded a hard drive containing bitcoin worth hundreds of millions of dollars has faced … Read more

Kraken Secures EMI Authorization, Paving the Way for Enhanced Crypto Services in the UK

Kraken has announced that it has officially secured an Electronic Money Institution (EMI) authorization from the U.K.’s Financial Conduct Authority (FCA). This milestone is set to accelerate Kraken’s growth plans in the U.K. and enable the launch of new products and services tailored to the needs of local clients. The EMI license empowers Kraken to … Read more

Economist Torches UK’s Digital Pound: ‘Ill-Fated Venture’ Doomed to Fail

Economist Neil Record has criticized the UK’s digital pound initiative, calling it an “ill-fated venture” due to a lack of customer demand. Cash Use Decline British businessman and economist Neil Record has described the United Kingdom’s digital pound initiative as an “ill-fated venture” due to a lack of customer demand. Record argues that the digital … Read more