Finance chiefs warn Treasury against delaying crypto strategy Crypto Nearly a dozen industry bodies have warned the Chancellor not to delay plans to develop a central strategy on the regulation and adoption of cryptocurrencies and digital assets ahead of a pivotal vote in parliament. Bosses from the likes of Innovate Finance, The City UK and Tech UK urged John Healey to recommit to publishing [...]
Aquis firm scraps failed Bitcoin treasury strategy after admitting ‘challenges’ Markets An Aquis-listed firm will no longer allow shareholders direct exposure to Bitcoin after admitting the strategy damaged its balance sheet. Vaultz Capital transitioned into a pure-play Bitcoin treasury company in mid-2025, raising funds to purchase the cryptocurrency and use it as its primary reserve asset over cash. While the move initially raised £13.6m, the stock [...]
Reform sidelines crypto industry at pivotal conference Politics Reform UK is set to sideline crypto companies at its conference next week and cut the industry’s access to senior figures after backlash over Nigel Farage’s £5m gift from a bitcoin billionaire, City AM can reveal. Reform was an early champion of the digital currency and tokenisation industries, which have been a mainstay at previous [...]
FCA crypto crackdown will ‘wipe out’ bad actors, says Coinbase boss August 1, 2026 The financial watchdog’s clampdown on digital assets will remove bad actors and attract more customers, The UK boss of one of the world’s largest crypto platforms has said. Keith Grose, UK chief executive of Coinbase, said the rules outlined by the Financial Conduct Authority (FCA) earlier this month will “wipe out” firms who do not [...]
Investors in Farage-backed Bitcoin venture get burnt after stock slides July 6, 2026 Brits who bought shares in a crypto venture backed by Nigel Farage have seen their investment tumble by more than a third in the space of just three months. In March, Farage threw his weight behind Stack BTC, an Aquis-listed Bitcoin firm, investing hundreds of thousands of pounds to become one of the company’s largest [...]
Cryptoasset approvals surge as FCA softens stance May 26, 2026 The approval rate for cryptoasset firm registrations has surged, City AM can reveal, in signs the UK’s financial watchdog is softening its stance towards the crypto industry. As many as 13 cryptoasset firm registrations were approved by the Financial Conduct Authority (FCA) in the year to April 2026, a more than doubling compared to 2024, [...]
Farage to face probe on £5m gift from Harborne May 13, 2026 Reform UK leader Nigel Farage is set to be investigated by the parliamentary standards committee after he received a £5m donation from Thai-based crypto billionaire Christopher Harborne shortly before being elected as an MP. Farage will be probed on whether he broke a code of conduct for MPs on failing to declare the large gift [...]
Coinbase to slash 14 per cent of workforce amid AI impact and market volatility May 5, 2026 Crypto exchange Coinbase is planning to cut 14 per cent of its workforce just two days head of its next earnings report, citing a need to manage costs amid ongoing market volatility and advances in AI. Chief executive Brian Armstrong said on Tuesday that AI was speeding up certain processes meaning fewer employees were required [...]
Nigel Farage’s crypto punt is unlikely to end well April 22, 2026 Nakamoto, a Bitcoin treasury company that promised a similar vision to Farage’s Stack BTC, is a cautionary tale for investors, says Tim Focas Nigel Farage’s £275,000 stake in Stack BTC, a London listed Bitcoin treasury company chaired by Kwasi Kwarteng, certainly guarantees headlines, but unfortunately, it also attracts copycat investors. Through his ironically named Thorn [...]
Farage fronts £2m bitcoin purchase despite price tumble April 13, 2026 Reform UK’s Nigel Farage has fronted a £2m purchase of bitcoin by the Kwasi Kwarteng-led crypto company Stack BTC despite the cryptocurrency’s price tumbling over recent months. Farage was filmed in a promotional video for the crypto reserves firm buying around £2m of Bitcoin, with the business stating that the political leader was the first [...]