UK Banking Heavyweight Barclays Weighs Major Step Into Blockchain-Based Payments And Deposits

Barclays is reportedly assessing a possible move into blockchain infrastructure, as tradfi institutions adapt to the increasing influence of stablecoins.

UK politician proposes ban on political crypto donations over foreign interference risks

Some Members of Parliament in the United Kingdom, led by the chairman of the Joint Committee on National Security Strategy, Matt Western, are pushing for a temporary ban on political crypto donations due to concerns over foreign interference. A letter…

Coinbase CEO Brian Armstrong pushes back on UK stablecoin caps

Coinbase CEO Brian Armstrong has warned that proposed stablecoin rules in the United Kingdom risk undermining the country’s competitiveness as a global financial hub, arguing that draft measures could stifle innovation rather than support it. Coinbase CEO urges UK to…

UK ad watchdog bans Coinbase campaign for trivializing crypto investment risks

U. K. ’s advertising watchdog has banned a Coinbase campaign that allegedly downplayed the risks of crypto investing and touted the exchange as a solution to the country’s cost-of-living crisis. According to the U.

UK FCA launches consultation on proposed crypto rules

UK’s Financial Conduct Authority has kicked off a consultation on proposed crypto rules that would bring the industry under formal regulatory oversight by 2027. According to a Financial Times report, the FCA unveiled three consultation papers on Tuesday with the…

UK to roll out cryptocurrency regulations by 2027 under FCA oversight

The UK’s Treasury department hopes to finalize its cryptocurrency regulations by late 2027 by bringing the sector under a regulatory framework that mirrors oversight in traditional markets. According to a report from The Guardian, the crypto sector, which has been…

Kraken co-chief criticizes UK’s strict crypto rules

Kraken co-CEO Arjun Sethi argues that the U.K’s rules on the promotion of virtual assets is hurting the consumer experience and may deter potential users from investing in crypto. According to a report by the Financial Times, Kraken co-CEO Arjun…