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UK
Digital Pound Holdings Could Be Limited to 10K, Central Bank Says
The Bank of England has set out technical features of its central bank digital currency, which officials have said is likely to be needed.

UK Banks Blocking Crypto Access Given Fraud, Volatility, Lawmakers Told
Finance CEOs welcomed new crypto regulations but were wary about the risks of a central bank digital currency

UK to Start Further Development Work on ‘Likely Needed’ Digital Pound
The Bank of England and the Treasury are inviting the public to weigh in on plans for a digital euro that can be used for payments and purchases.

Digital Bank Revolut to Offer Crypto Staking
Revolut will support staking of the tokens of Polkadot (DOT), Tezos (XTZ), Cardano (ADA) and Ethereum (ETH), with yields ranging to as high as 11.65%

UK Financial Regulator Warns Crypto Firms of Jail Time for Unauthorized Ads
The rules aren’t set in stone but will mirror those for other high-risk investments, the Financial Conduct Authority said.

Craig Wright's UK Case Against 16 Bitcoin Developers to Go to Full Trial
The trial is expected in early 2024 following a successful appeal.

UK Crypto Rules Set a Modest Post-Brexit Divergence From the European Union
The industry is keenly watching divergences from Brussels in areas like stablecoins, lending and bitcoin disclosures.

UK Bank Nationwide Has Restricted Card Payments to Binance
Nationwide said it has taken this decision due to "media coverage" and "regulatory uncertainty."

UK Crypto Industry Celebrates Government’s Planned Exemptions for Crypto Ad Approvals
But the country’s financial watchdog says it will “take a consistent approach to that taken for other high-risk investments,” when the time comes to set up enforcement rules.

UK Crypto Firms to Get Broad Laws, May Need New Authorization
The industry has largely welcomed proposals that could cover crypto lending and NFTs, and force foreign companies to register and set up in the country.
