£250m lawsuit against crypto firm Binance grows with 1000 new investors Crypto A thousand new UK-based retail investors have been added to a group legal claim against crypto trading platform Binace and its founder, alleging they were sold high-risk, complex products that did not have regulatory authorisation from the financial watchdog. There are now approximately 2,700 claimants in the case in England and Wales, with the total [...]
‘They want business on board’: How Reform UK is wooing City chiefs at its conference Politics Nigel Farage’s Reform UK is on a mission to win over businesses before the next election. Maurício Alencar and Ali Lyon report on how the party’s upcoming conference in Birmingham could determine its political future. By the time Britain’s executives descend on the Reform UK party conference this week, many will already be well-acquainted with [...]
Robinhood offers crypto asset tied to FCA warning list Crypto Robinhood is offering a crypto asset to UK retail customers whose native platform appears on the financial watchdog’s warning list. The fintech has granted customers access to more than 50 cryptocurrencies this week on its app, including Hyperliquid ($HYPE). But the original platform, also known as Hyperliquid, and its governing body the Hyper Foundation are [...]
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 [...]
FCA lays out ‘landmark’ crypto clampdown June 30, 2026 The City watchdog has unveiled a “landmark” clampdown on the cryptocurrency market that will force companies to win approval from the regulator in order to deal with British customers. The Financial Conduct Authority (FCA) set out rules on Tuesday that will subject companies to higher levels of regulatory scrutiny from October 2027. Under current rules, [...]
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, [...]
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 [...]
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 [...]
Nigel Farage Bitcoin firm turns to the public to raise cash – at double the price March 18, 2026 A Bitcoin business run by former Chancellor Kwasi Kwarteng which counts Nigel Farage as one of its biggest investors has turned to the public to raise cash. Stack BTC, which is listed on London’s Aquis stock market, is seeking to raise as much as £250,000 from retail investors via the issue of fresh shares. But [...]
Nigel Farage invests in Kwasi Kwarteng-backed Bitcoin treasury business March 9, 2026 Nigel Farage has invested in an Aquis-listed Bitcoin treasury business as the Reform leader doubles down on his commitment to cryptocurrencies. Farage has spent £215,000 to acquire a 6.3 per cent stake in Stack BTC, a small-cap company which says it is “focused on building a portfolio of high-quality, cash-generative businesses alongside a Bitcoin treasury,” [...]