Coinbase Walks Away From $2B BVNK Deal Amid Bank of England Stablecoin Concerns
TLDR Negotiations broke down following the Bank of England’s proposal to limit stablecoin holdings to £20,000. The deal would have doubled the value of Stripe’s purchase
United Kingdom (Latest Publications)
PayPal Relaunches in UK With Expanded Payment and Loyalty Services
PayPal announced today the relaunch of its services in the United Kingdom after nearly two years, introducing a comprehensive suite that includes debit, credit, and loyalty
UK Court Jails Mastermind of $6.3B Bitcoin Fraud for 11 Years
A sentence of 11 years and 8 months in prison for tech entrepreneur Zhimin Qian, who self-styled herself as the mastermind of one of China’s largest
Coinbase Expands UK Services With New Crypto Savings Option
Coinbase announced today the expansion of its services in the United Kingdom, introducing a savings feature that allows users to earn interest on their cryptocurrency holdings,
UK Plans Swift Stablecoin Regulation to Align with U.S. Standards
The United Kingdom is accelerating its stablecoin regulation to keep pace with the United States. The Bank of England’s (BOE) Deputy Governor, Sarah Breeden, affirmed that
UK FCA Files Lawsuit Against HTX Over Illegal Promotions
The UK Financial Conduct Authority (FCA) filed a lawsuit against global crypto exchange HTX on October 22, for allegedly breaching financial promotion regulations. The FCA confirmed
BlackRock Unleashes Groundbreaking Bitcoin ETP as UK Opens Crypto Market
TL;DR BlackRock launched the iShares Bitcoin ETP on the London Stock Exchange, the first regulated product tied to bitcoin in the United Kingdom. Each unit of
Reform UK Proposes “Crypto Revolution” Bitcoin Reserve at the Bank of England and Tax Cut from 24% to 10%
TL;DR Reform UK proposes that the Bank of England hold Bitcoin seized by authorities instead of selling it, positioning the asset as part of a long-term
21Shares Joins Stratiphy to Launch Powerful Crypto ETNs
21Shares, a global leader in crypto exchange-traded products, has partnered with Stratiphy, a UK-based wealth management platform, to introduce regulated crypto Exchange-Traded Notes (ETNs) to retail
Bank of England Unveils Stablecoin Exemptions to Strengthen UK Crypto Growth
The Bank of England (BoE) is reportedly preparing a new framework that will exempt certain firms from strict stablecoin holding limits, signaling a more pro-innovation shift
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