UK watchdog raids eight London sites over illegal P2P crypto trading

UK regulator FCA raided eight London sites over alleged illegal P2P crypto trading, issuing stop notices and escalating its wider crackdown on unregistered platforms. According to Reuters, the UK’s Financial Conduct Authority (FCA) has raided eight locations across London suspected…

U.K. energy firm Reabold to explore Bitcoin mining as an early-stage funding tool

Reabold Resources is considering a plan to use gas from its Yorkshire site to power a small Bitcoin mining operation. However, the company says it is more of an early-stage test rather than a pivot away from energy production. According…

Nigel Farage faces potential FCA probe over links to Bitcoin treasury firm

Nigel Farage is facing calls for a formal regulatory probe into his financial involvement with the cryptocurrency firm Stack BTC following his appearance in the company’s promotional content. The Liberal Democrats sent a letter to the Financial Conduct Authority (FCA)…

UK committee pushes for political crypto donation ban over foreign influence risks

UK lawmakers are raising concerns over the risks tied to crypto donations, which they claim can open the door to foreign influence in political financing. In its latest report, the Joint Committee on the National Security Strategy urged a moratorium…

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…