UK


Finance

Abrdn Buys Stake in Digital Exchange Archax

With the investment, the U.K. asset manager has become Archax's largest outside shareholder.

Asset manager WisdomTree (WETF) managed crypto assets worth $265 million in Q2, a decrease of nearly 12% compared to the equivalent figure of $300 million a year ago (Tumisu/Pixabay)

Policy

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.

London (Paul Panayiotou/Getty Images)

Policy

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.

The U.K. Treasury, which needs to propose laws that would extend financial marketing restrictions to crypto. (Jack Taylor/Getty Images)

Policy

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.

The U.K. Law Commission wants crypto and NFTs to be treated as personal property. (Reinaldo Sture/Unsplash)

Policy

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.

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Policy

UK Regulators to Introduce Rules for Stablecoins in New Markets Bill

The much-anticipated financial services and markets bill to be presented to Parliament includes rules for the use of stablecoins as a means of payment.

U.K. financial regulators are set to introduce rules for stablecoins as payment tools to Parliament. (Scott E Barbour/Getty Images)

Policy

UK Court Allows Serving Legal Documents Via NFTs

The ruling will allow legal proceedings against otherwise anonymous persons through their wallet addresses.

La corte del Reino Unido permite demandar a través de NFTs. (Sasun Bughdaryan/ Unsplash)

Policy

UK Lawmakers Start Inquiry Into Crypto Use

Parliament's Treasury Committee is requesting evidence on matters such as the possibility of digital currencies replacing fiat money and the effect of crypto on social inclusion.

City Minister John Glen follows his boss Rishi Sunak out of the Treasury. (Drop of Light/Shutterstock)

Policy

Policy Makers Should Get On With Regulating Crypto, BOE’s Cunliffe Says

The Bank of England’s deputy governor said regulators should accelerate crypto rulemaking. If certain risks involving crypto can’t be managed, related activities must be stopped.

The Bank of England (Robert Bye/Unsplash)