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UK Crypto News

UK Crypto News

CoinShares expands US push with Bastion acquisition and planned listing

CoinShares to buy Bastion Asset Management, expanding US crypto investment products. Deal boosts CoinShares’ push into active crypto ETFs amid rising institutional demand. Firm targets $1.2B US listing as SEC streamlines approval process for crypto ETFs. European digital asset manager CoinShares is moving deeper into the US market with a new strategic acquisition and plans […]

UK Finance launches pilot for tokenised sterling deposits

UK Finance launches GBTD pilot with six banks to test tokenised sterling deposits until 2026. Quant Network to power digital pound pilot, exploring payments, remortgaging and bond settlement. FCA readies crypto rules by 2026 as UK tests tokenised deposits for safer, efficient transactions. UK Finance has launched a pilot programme for tokenised sterling deposits (GBTD), […]

South Korea sees record surge in suspicious crypto transactions in 2025

Hwanchigi remittances remain the largest driver of suspicious cases. Stablecoins, especially Tether, are used in cross-border laundering schemes. Lawmakers push for tighter monitoring and global cooperation. South Korea has reported a dramatic rise in suspicious cryptocurrency transactions in 2025, signalling deepening concerns over money laundering and cross-border crime. According to data from the Financial Intelligence […]

Crypto firms in Britain may face new FCA proposals on conduct rules

UK’s FCA proposes easing 4 core rules for crypto firms while stressing strong operational safeguards. Regulator cites $1.5B Bybit hack to justify tougher cyber resilience rules despite lighter principles. Crypto ownership in Britain hits 12%; FCA seeks feedback by Nov 12 on new regulatory framework. Britain’s financial regulator has unveiled proposals that could reshape how […]

Coinbase-backed petition pushes UK on blockchain and stablecoin policy

Coinbase backs UK petition urging stablecoin rules and blockchain adoption. Petition tops 5K signatures; 10K triggers government reply, 100K a debate. Supporters warn UK risks falling behind without clear crypto strategy. A public petition urging the United Kingdom to adopt a pro-innovation strategy for blockchain and stablecoins has gathered momentum after crypto exchange Coinbase rallied […]

Dogecoin jumps 18% as trade deal boosts crypto market activity

The US-UK trade deal lifted investor sentiment across digital assets. At the time of writing on Friday, DOGE was trading at approximately $0.206. Open Interest rose 18% to $2.17 billion, driven by long positions. Dogecoin (DOGE) surged 18% this week, reclaiming the $0.20 mark after breaking above key technical levels on Thursday. The rally follows […]

Galaxy Digital secures FCA approval to offer derivatives trading in the UK

Galaxy Digital says it received approval to offer derivatives trading from the UK’s Financial Conduct Authority. The company will also expand its asset management and investment banking services in the country. Obtaining FCA authorisation is a pivotal achievement for the Galaxy group. Galaxy Digital Holdings Ltd., a digital asset and blockchain firm, has secured a […]

Crypto trading firm GSR secures FCA approval

GSR has received a regulatory nod from the UK’s Financial Conduct Authority. The cypto trading firm also holds a crypto license from the Singapore Monetary Authority. GSR, a crypto trading firm and market maker, has received regulatory approval from Financial Conduct Authority (FCA), the financial markets regulator in the UK. In a press release on […]

Crypto custody firm Copper withdraws UK registration

Copper has withdrawn its application to register in the UK. The crypto custody firm first failed to register in 2022 amid changes around crypto asset firms by the UK’s Financial Conduct Authority. Copper Technologies Ltd., a crypto custody firm based in the United Kingdom, has dropped its plans for registration with the country’s Financial Conduct […]