UK
Why Bitcoin Traders Should Care About Double-Digit Inflation in UK
The Bank of England may raise interest rates more aggressively, which could result in a weaker dollar and higher prices in the U.S.
UK Group to Test Stablecoin Payments, Provide Data to Bank of England
The Digital FMI Consortium, a group of private-sector companies, will start a pilot scheme in October and run it for a minimum of a year.
UK Crypto Industry Welcomes New Stablecoin Rules, Awaits Guidance
A proposed bill could give U.K. regulators new powers over payments-focused crypto assets like stablecoins, but details on how the rules might be interpreted by financial watchdogs are pending.
Crypto.com Exchange Registers With UK Financial Regulator
The registration permits Crypto.com to pursue "certain crypto asset activities."
Abrdn Buys Stake in Digital Exchange Archax
With the investment, the U.K. asset manager has become Archax's largest outside shareholder.
UK Parliamentary Group Starts Crypto Inquiry to Form Policy Recommendations
The group is asking industry experts, regulators and the government to weigh in on a range of topics including consumer protection and CBDCs.
UK Crypto Investors Should Limit Holdings, Financial Regulator Says
The crypto crash only hardened the Financial Conduct Authority’s determination to impose restrictions such as banning refer-a-friend bonuses.
Law Commission of England and Wales Sees Crypto as a New Type of Property
Changing personal property law to cover crypto and NFTs could protect investors against losses through hacks and system failures, the commission says.
UK Markets Bill Extends Banking Rules to Crypto Assets
The U.K. introduced the bill, which also addresses stablecoins, to Parliament earlier Wednesday, but lawmakers won’t take up the measure until later in the week.
