UK


Policy

UK's FCA Appoints Binu Paul to Lead Its Digital-Assets Department

Paul previously worked as the fintech lead at New Zealand's Financial Markets Authority.

London (Artur Tumasjan/Unsplash)

Policy

UK Finance Minister Kwarteng Fired

He will be replaced by former Foreign Minister Jeremy Hunt, who was once responsible for digital policy in the country.

New U.K. Finance Minister Jeremy Hunt (Chris J Ratcliffe/Getty Images)

Policy

UK Wants to Make It Easier to Seize Crypto in Terrorism Cases

The government wants to mirror planned changes to the Economic Crime and Transparency bill to enable authorities to swiftly seize crypto assets linked to terrorist activities.

Parliament (Henn Photography/GettyImages)

Policy

UK Lawmaker Matt Hancock Doesn’t Regret Pro-Crypto Swerve

The former cabinet minister is pushing for the government to be more pro-innovation.

U.K. lawmaker Matt Hancock (Matt Hancock)

Finance

UK Investment Giant Abrdn Joins Hedera Governing Council to Advance Tokenization Goals

The Edinburgh, Scotland-based company becomes the 27th member of the council that runs the Hedera blockchain-like public ledger.

Edinburgh, Scotland (Shutterstock)

Policy

UK Shuts Down Temporary Crypto Company Licensing Program

The time it takes to register a firm depends on the quality of the information provided to the Financial Conduct Authority, the regulator told CoinDesk.

London (Artur Tumasjan/Unsplash)

Markets

Bitcoin Off Lows as Bank of England's Bond Market Intervention Raises Hopes for Fed Pivot

The hope is the U.S. central bank will scrap its tightening policy that has hit crypto prices.

Bitcoin se recupera de los mínimos diarios mientras el Banco de Inglaterra interviene en el mercado de bonos. (CoinDesk, highcharts.com)

Policy

Bank of England Deputy Governor Says Existing Financial Regulations Should Extend to Crypto

Jon Cunliffe says rules should be put in place before the digital-asset industry becomes large enough to threaten broader financial stability.

(Rodrigo Santos/Unsplash)

Finance

Digital Bank Revolut Wins FCA Registration to Offer Crypto Services in UK

The trading platform had been operating in the country under a program that gives firms a reprieve while their applications are pending.

(Revolut)

Policy

UK Introduces Law to Seize, Freeze and Recover Crypto

The Economic Crime and Corporate Transparency bill is meant to build on an earlier law that helped regulators place sanctions on Russia.

The U.K. wants to crack down on illicit crypto activity. (Simon Frederick/Unsplash)