UK


Finance

Hong Kong Regulator Ashley Alder to Head UK Financial Supervisor

He leaves a legacy of mixed crypto regulations in Hong Kong that saw crypto exchange FTX depart the city and retail investors largely excluded.

Ashley Alder will become chair of the U.K.'s FCA next year. (H.K. Securities and Futures Commission)

Policy

Johnson's Exit as British Prime Minister Leaves UK Crypto Ambitions on Hold

Most likely replacements have been relatively quiet about their views on Web3.

U.K. Prime Minister Boris Johnson on Thursday (Carl Court/Getty Images)

Policy

Boris Johnson to Quit as Pressure From Ministerial Resignations Mounts

The departure of the U.K. prime minister is likely to delay the country's plans to create a friendly environment for crypto.

U.K. Prime Minister Boris Johnson resigned amid a scandal that prompted about 60 members of government to quit in protest. (Dan Kitwood/Getty Images)

Policy

UK to Introduce Legislation on Stablecoins by August: BoE’s Cunliffe

There’s been at least a bit of delay in the framework thanks to recent resignations from Prime Minister Boris Johnson's government.

(Peter Dazeley/Getty images)

Policy

Rishi Sunak Resigns as UK Finance Minister

The now-former minister wanted the country to become a crypto hub and announced a number of plans for the digital sector in April.

Rishi Sunak resigns as U.K. finance minister (Leon Neal /GettyImages)

Policy

UK Financial Regulator Hires Former Police Officer to Head New Crypto Unit

Matthew Long will be responsible for payments and digital money at the Financial Conduct Authority.

The U.K.'s Financial Conduct Authority is expanding staff as it grapples with new crypto challenges. (Jack Taylor/Getty Images)

Policy

Bank of England Panel Calls for Enhanced Crypto Regulation to Limit Contagion

The loss of $2 trillion of crypto market cap over a period of months has “underscored the need for enhanced regulation,” the Financial Policy Committee said.

The Bank of England's Financial Policy Committee is calling for more regulation to mitigate against crypto risks (Robert Bye/Unsplash)

Policy

DeFi Shouldn't Be Regulated, Crypto Advocates Tell UK Regulator

The advice comes from those who participated in a forum the Financial Conduct Authority held to hear from the digital assets industry.

(Piotr Swat/Shutterstock)

Finance

Tether to Issue Sterling-Pegged Stablecoin, GBPT

The token will be pegged 1:1 to the British pound and will launch in July.

Bank of England (PeterRoe/Pixabay)

Policy

UK Government Backtracks on Unhosted Wallet Data Collection Proposal

The government said it didn't make sense to require all senders of funds to private crypto wallets to collect recipients' identification details.

UK Parliament