UK Government News

UK regulators are adopting a more lenient stance on crypto, opening the LSE to digital assets and easing proposed stablecoin limits for institutions.

HMRC has issued 65,000 crypto tax warning letters, but experts say UK investors who haven’t been contacted could still owe taxes.

The Bank of England is worried that a rise in financiers’ lending to data center lending may cause an AI bubble reminiscent of the dot-com crash in the early 2000s.

Revolut also revealed its Crypto 2.0 platform, which will feature over 280 tokens, zero-fee staking up to 22% APY and 1:1 stablecoin-to-US dollar conversion.

The Financial Conduct Authority renewed its warnings advising residents of the United Kingdom not to use unregistered crypto exchanges.

The Bank of England is launching a consultation on new stablecoin rules that mirror the US approach to fiat-pegged crypto assets.

Argo Blockchain will delist from the London Stock Exchange after its main creditor, Growler Mining, seized control through a debt-for-equity swap.

HMRC sent nearly 65,000 warning letters to crypto investors last year, more than double the previous year, as the UK steps up efforts to trace undeclared capital gains.

Industry groups criticized the proposed stablecoin limits, arguing that they would stifle innovation and signal to the industry that the UK isn’t crypto-friendly.

The FCA has outlined a roadmap to help asset managers adopt blockchain and tokenization, aiming to boost efficiency and competition.

EU lawmakers have sought to introduce Chat Control, while the UK and Australia are on track for digital ID systems. Pavel Durov warns that these “dystopian” measures must be stopped.

The UK has lifted its four-year ban on crypto exchange-traded notes, with analysts predicting the move could grow the UK crypto market by 20%.

The UK has again ordered Apple to open access to encrypted iCloud backups for British users, a move that could expose crypto wallet keys to hacking.

UK authorities could keep $6.4 billion in seized Bitcoin profits instead of compensating fraud victims at the current value, sparking a debate over asset recovery ethics.

Bank of England Governor Andrew Bailey said stablecoins could thrive in a system that separates money from credit, reducing the UK’s reliance on commercial banks.