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Top United Kingdom Stories
Latest United Kingdom News
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UK banks face 10,092 complaints over restricted crypto transfers, with Lloyds, Barclays and NatWest leading as Britain prepares new digital asset rules.
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The UK’s Financial Conduct Authority has opened two consultations to clarify how decentralized finance businesses will be regulated and which crypto activities could qualify for exemptions when the country’s new framework takes effect in October 2027. According to the FCA’s…
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This article was updated with a comment form Harry Pearce Gould, General Manager of Stand With Crypto. A recent report has found that top UK banks received more than 10,000 customer complaints over blocked or restricted cryptocurrency related transfers, with…
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Coinbase has joined a four-day operation with U.S. and UK law enforcement to disrupt West African scam networks by tracing illicit funds, supporting asset freezes and sharing intelligence. Coinbase said in an Oct. 13 post that its Global Intelligence team…
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A cryptocurrency trader in the UK has reported losing approximately $800,000 in a home invasion after three knife-wielding intruders allegedly restrained him and forced him to surrender funds from his crypto wallets. In an October 13 post on X, the…
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A UK High Court ruling has placed claims over more than 61,000 Bitcoin under Chinese law, putting potential gains for about 16,000 fraud victims at risk, according to Caixin. Caixin reported that an Oct. 12 judgment from the High Court…
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The United Kingdom has sanctioned cryptocurrency platforms Cryptomus, Heleket and TokenSpot as part of 38 new Russia-related designations targeting financial services, payment networks, oil companies and suppliers linked to Moscow’s war in Ukraine. According to an October 8 TRM Labs…
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The United Kingdom has sanctioned three cryptocurrency exchanges, two payment platforms and one individual in an Oct. 8 package of 38 designations targeting financial services, oil revenue and suppliers accused of supporting Russia’s war in Ukraine. The Foreign, Commonwealth &…
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Kyrgyzstan has shut down USDKG and ordered its issuer liquidated, while holders can exchange the gold-backed stablecoin for fiat or USDT.
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The UK government has appointed six banks to lead its first digital gilt issuance, with the pilot expected by the first quarter of 2027. HM Treasury announced on Oct. 6 that Barclays, HSBC, Lloyds, Morgan Stanley, NatWest and RBC Capital…
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UK financial institutions have identified faster settlement as tokenization’s biggest benefit, with 71% expecting the technology to reshape financial services. Lloyds Banking Group said in its Oct. 2 release, that its tenth annual Financial Institutions Sentiment Survey questioned 100 senior…
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Lloyds Banking Group and Visa have completed a seven day live stablecoin pilot that settled $750,000 in cross border payment obligations, with funds reaching Visa in under an hour even during the weekend. According to Lloyds Banking Group, the trial…
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The Smarter Web Company has secured shareholder approval for the resolutions needed to create its proposed MORE perpetual preferred shares, clearing a key condition for a possible listing on the London Stock Exchange Main Market. According to the company’s Sept.…
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Britain’s largest banks have completed what UK Finance described as the world’s first interbank transactions using tokenized deposits, testing blockchain based commercial bank money across mortgage and person to person payments. According to UK Finance, Lloyds Banking Group, NatWest and…
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The UK Financial Conduct Authority has targeted three London premises suspected of running illegal peer to peer crypto trading businesses, extending an enforcement campaign against unregistered digital asset activity. According to the FCA, the operation was carried out on Sept.…
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The UK Financial Conduct Authority has issued final guidance requiring crypto firms to reassess their permissions before applications open on Sep. 30 for a regulatory regime taking effect in October 2027. FCA guidance defines which crypto firms need approval The…
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