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Latest cryptocurrency news and articles about uk. Stay updated with developments, analysis, and insights.

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IFS urges Reeves to overhaul UK tax system

IFS urges Reeves to overhaul UK tax system

The Institute for Fiscal Studies(IFS) has urged Rachel Reeves, the Chancellor of the Exchequer in the UK, to take advantage of the November budget to implement significant changes to the current tax s...

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1 min
‘Bitcoin Is Not an Asset Class,’ Says One of UK’s Largest Retail Investment Platforms

‘Bitcoin Is Not an Asset Class,’ Says One of UK’s Largest Retail Investment Platforms

Hargreaves Lansdown says bitcoin lacks intrinsic value and shouldn’t be part of portfolios, even as it prepares to launch crypto ETN trading for clients early next year.

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1 min
Reeves presses CEOs to promote UK optimism before tax-hike budget

Reeves presses CEOs to promote UK optimism before tax-hike budget

Chancellor Rachel Reeves is urging top UK business leaders to project confidence in Britain’s economy ahead of next month’s high-stakes, tax-raising Budget. Reeves has privately cautioned that persist...

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1 min
UK’s Largest Investment Platform Warns Retail Traders Against Adding Crypto to Portfolios

UK’s Largest Investment Platform Warns Retail Traders Against Adding Crypto to Portfolios

Hargreaves Lansdown, the UK’s biggest retail investment platform, has urged investors to steer clear of cryptocurrencies despite regulators easing restrictions on crypto investment products. Key Takea...

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1 min
UK Lifts Retail Ban on Crypto ETNs, Paving Way for Investments From Pensions, ISAs

UK Lifts Retail Ban on Crypto ETNs, Paving Way for Investments From Pensions, ISAs

The U.K. has ended its ban on crypto exchange-traded notes, letting retail investors hold bitcoin and ether ETNs tax-free in pension and ISA accounts.

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1 min
Bank of England Plans Exemptions to Stablecoin Limits: Bloomberg

Bank of England Plans Exemptions to Stablecoin Limits: Bloomberg

The BoE will grant waivers to some businesses like crypto exchanges that need to hold large amounts of the tokens.

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1 min
$7.43 Billion in Bitcoin Seized as Chinese Fraudster Finally Convicted in UK

$7.43 Billion in Bitcoin Seized as Chinese Fraudster Finally Convicted in UK

The Metropolitan Police have secured what is believed to be the world’s largest cryptocurrency seizure, valued at more than £5.5 billion, equivalent to approximately $7.43 billion, following a seven-y...

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1 min
UK Crypto Ban Lifted, But Retail Investors Still Can’t Buy – What’s the Holdup?

UK Crypto Ban Lifted, But Retail Investors Still Can’t Buy – What’s the Holdup?

The UK Financial Conduct Authority lifted its ban on crypto exchange-traded products for retail investors, effective October 2. However, delays in prospectus approvals mean UK consumers will face near...

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1 min
CoinShares to Acquire FCA-Regulated Bastion to Boost Active Crypto Strategies

CoinShares to Acquire FCA-Regulated Bastion to Boost Active Crypto Strategies

European digital asset manager CoinShares is set to acquire Bastion Asset Management, a UK-based, FCA-regulated firm known for its systematic crypto investment strategies. Key Takeaways: CoinShares wi...

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1 min
The UK Seeks to Keep $6.7B in Seized Bitcoin from Chinese Fraud Case

The UK Seeks to Keep $6.7B in Seized Bitcoin from Chinese Fraud Case

The UK government is attempting to retain over 61,000 Bitcoin , currently valued at around $6.7 billion, that was seized from a Chinese national convicted in a massive investment fraud case. Key Takea...

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1 min
UK mandates paid jobs for long-term unemployed youth

UK mandates paid jobs for long-term unemployed youth

Chancellor Rachel Reeves will announce that the UK government will require every young person out of work or education for 18 months to take up a paid job. Central to Labour’s Youth Guarantee programm...

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1 min
UK Finance and 6 Major Banks Launch Tokenized Sterling Pilot Until 2026

UK Finance and 6 Major Banks Launch Tokenized Sterling Pilot Until 2026

UK Finance, the trade body representing more than 300 financial institutions in the UK, has unveiled a two-year pilot for tokenized sterling deposits (GBTD) in collaboration with six of the country’s ...

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1 min