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United Kingdom News
Top United Kingdom Stories
Latest United Kingdom News
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Stocks climbed on Thursday, May 8 as investors reacted to President Donald Trump’s announcement that the United States had reached a major trade deal with the United Kingdom. As the announcement bolstered investor sentiment, the major U.S. indices jumped, with…
BTC
Bitcoin
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The UK government has ruled out creating national cryptocurrency reserves at the moment. Economic Secretary to the Treasury Emma Reynolds expressed negative sentiment towards a Bitcoin (BTC) reserve at the FT Digital Asset Summit in London. Responding to questions…
BTC
Bitcoin
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UK is outlining new rules for crypto trading, centered particularly around retail investor protections.
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The UK government has unveiled comprehensive draft legislation aimed at regulating cryptocurrency exchanges, dealers, and agents. Announced by Chancellor of the Exchequer Rachel Reeves during UK Fintech Week, the proposed rules aim to enhance consumer protection, boost investor confidence, and…
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Major crypto and web3 firms including Coinbase, Fabric Ventures, Animoca Brands and Founders Factory have launched a web3 accelerator program to drive innovation in U.K.’s blockchain and AI ecosystem. According to the official press release, founders of participating web3 start-ups…
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A Solana-based non-fungible token project plans to buy a Cold War-era nuclear bunker in England by selling 100,000 NFT “land deeds.” Launched by the creators of the doomsday-themed NFT series Meatbags, Dead Bruv aims to raise funds through a new…
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Cryptocurrency scammers hijacked the X account of UK member of parliament Lucy Powell to hype up a scam token and dump it on unsuspecting traders. On April 15, Powell, who is the Leader of the House of Commons, appeared to…
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Lomond School declares parents can pay tuition fees in Bitcoin starting from Autumn, in a landmark move that makes it the first school in the U.K to accept Bitcoin payments. According to a report on the Independent School Management site,…
BTC
Bitcoin
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Police Scotland says serious and organized crime groups are increasingly turning to cryptocurrency, contributing to a 2,000% rise in related cases since 2019. Police Scotland says it has seen a roughly 2,000% increase in cryptocurrency-related criminality since 2019, as more…
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U.S.-based crypto exchange Kraken has reportedly joined forces with regulated British full-service clearing bank ClearBank to offer pound-based services for clients in the U.K. British bank ClearBank has expanded its role in the crypto market by partnering with U.S. exchange…
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A coalition of top UK digital economy trade groups has urged lawmakers to step up support for blockchain and digital assets by calling for a dedicated envoy and action plan to keep the country competitive. On 31 March, six trade…
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U.K.-based fintech platform Revolut has unveiled a mobile crypto exchange app for users across the United Kingdom and the broader European Economic Area. Revolut said in an announcement that the new app, Revolut X, will allow U.K. and EEA users…
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Paul Chowles, an operational officer with the UK’s National Crime Agency, has been charged with multiple offenses linked to the alleged misappropriation of Bitcoin during an investigation into online organized crime in 2017. The Crown Prosecution Service authorized Merseyside Police…
BTC
Bitcoin
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Kraken has obtained an Electronic Money Institution license from the UK’s Financial Conduct Authority. The approval allows Kraken to issue electronic money and facilitate faster deposits and withdrawals for UK customers. With this authorization, the exchange can establish partnerships with…
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A former Bank of England economist says there is “no customer demand” for the digital pound, calling it a costly project with unclear benefits. Ex-Bank of England economist appears to be highly critical of the digital pound initiative, saying it…
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The UK government has introduced the Crime and Policing Bill, aimed at enhancing the country’s ability to recover proceeds from cryptocurrency-related crime. The bill outlines provisions for valuing cryptocurrency, procedures for courts to recover illicit funds, and expanded powers for…
