Crypto firms face clamp down from Treasury and watchdog Crypto Cryptocurrencies will face regulation like any other financial products under new laws announced by the Treasury. Firms that offer crypto products will fall under the Financial Conduct Authority’s jurisdiction as part of new rules requiring digital assets providers to meet a set of standards from the City watchdog. The Labour government said the new legislation, which comes into [...]
Law Society welcomes crypto’s new legal status Crypto The Law Society has welcomed the government’s new Property (Digital Assets etc) Act, which passed into law last week and places cryptos, NFTs and other digital tokens as personal property. This settles years of uncertainty over whether digital assets could be owned, inherited, or recovered in court – a grey area that has frustrated investors [...]
Lord Turner’s crypto scepticism is painfully out of touch Opinion In an interview with City AM, Lord Adair Turner compared buying crypto to buying tulips in 1635. Bepi Pezzulli writes a rebuttal.
Nigel Farage: Reform’s Britain will lead the digital money revolution November 12, 2025 Stablecoins are the future but Labour and the Bank of England is strangling it in it’s cradle, says Nigel Farage Crypto is no longer a fringe experiment. It is reshaping payments, finance and global commerce. At the heart of this revolution are stablecoins, digital tokens pegged one-to-one to real-world currencies like the pound or the [...]
Bank of England relaxes stablecoin stance in ‘watershed’ rules change November 10, 2025 The Bank of England has relaxed its stance on stablecoin in a new consultation paper aimed at helping Britain grab a slice of the £200bn market. The central Bank has previously faced calls to “publicly walk back” on its position on digital assets over fears the UK was missing out on the market. But in [...]
International rugby player charged over alleged £70,000 crypto theft November 5, 2025 An international rugby player has been charged with fraud over an alleged crypto theft worth £70,000. Former NRL rugby league star Trent Merrin was arrested this week and charged with dishonestly obtaining a financial advantage by deception. The seven-time Australia international and former Dragons and State of Origin forward, 36, stands accused of stealing from [...]
Stablecoin regulation: UK urged to act faster on crypto or fall behind October 24, 2025 Over one thousand crypto supporters gathered in East London at the E1 club on Wednesday for Stand With Crypto’s inaugural UK rally. The rally followed the close of the Zebu Live Conference and the London Blockchain Conference, bringing crypto enthusiasts from all over the world to London. Stand With Crypto’s movement Stand With Crypto, a [...]
JP Morgan set to loosen crypto rules allowing Bitcoin as collateral October 24, 2025 JP Morgan is set to shake up its crypto rules with plans to allow institutional clients to use Bitcoin and Ether holdings as lending collateral. The new scheme will work with a third party to safeguard the crypto assets and follows the banking giant’s delving deeper into the world of digital assets. The US lender [...]
Plus500 boss: Scrapping shares tax would boost market efficiency October 20, 2025 Scrapping stamp duty on shares would help improve market efficiency and bolster the health of London’s capital markets, the boss of Plus500 has said after a jump in customers’ deposit sizes helped the trading platform beat analyst expectations. David Zruia told City AM that trading volumes would invariably go up if the Chancellor heeded growing [...]
IG pockets £75m after disposal of future exchange platform to beef up crypto capabilities October 16, 2025 Investment broker IG has disposed of its future exchange platform, Small Exchange Inc, as part of a partnership with global crypto exchange Kraken. IG sold the Chicago-based company, which it purchased in 2023, to Payward Inc., the parent company of popular cryptocurrency platform Kraken, for $100m (£74.9m). The sale consisted of $32.5m in cash and [...]