Ripple is supporting the United Kingdom’s strategy that seeks to grow the adoption of tokenization infrastructure within wholesale financial markets. The move came after a recommendation from Chris Woolard, who was appointed as Wholesale Digital Markets Champion in April by HM Treasury. The plan is aimed at taking the financial
Nearly 1,700 UK cryptocurrency investors have taken legal action in the UK High Court against Binance and its co-founder, Changpeng Zhao, in a lawsuit worth more than £150 million, or roughly $200 million. The claimants’ law firm, KP Law, contends that Binance made available unregulated leveraged tokens, futures, and options
The Bank of England announced the final framework for regulating stablecoins and drafted new regulations following extensive consultation with the industry. The new framework is less stringent than previous iterations as per industry concerns about limiting growth in the UK’s nascent stablecoin market. Proposed holding limits that would have prevented
The United Kingdom has recently sanctioned Xinbi, which is a marketplace for various cryptocurrencies. Authorities have associated the marketplace with various scam activities in Southeast Asia. The country has taken action against the marketplace for facilitating fraud networks. It was through transactions involving stolen data, money laundering, and scam services.
Donations in crypto are under the scanner in the UK. Reform UK is the only political party to reportedly receive crypto donations. The implications of the ongoing situation could be severe for the said political party. A ban has been proposed to strengthen the trust factor in the nation’s politics.
A High Court of England and Wales judge has allowed a lawsuit involving the alleged theft of 2,323 Bitcoin to move forward. The case is valued at around $172 million, based on current prices. Claim of Secret access to the crypto wallet According to court filings, Yuen claims that his
The law enforcement agencies from three countries have started Operation Atlantic, an organized effort to disrupt crypto-related scams, dismantle fraud networks, and boost cross-border operations to target unlawful conduct in the digital asset space. On March 16, the National Crime Agency (NCA) reported on Operation Atlantic, stating that it was
Nigel Farage, a Reform UK leader, has acquired a stake in a Bitcoin reserve business led by Kwasi Kwarteng. His most recent investment is valued at approximately £215,000. The move aligns with his support for Bitcoin and the crypto sector in general. Nigel has, with this investment, reiterated his stand
The UK Reform Party became the first British political party to accept crypto donations in May 2025. It has now received one of the biggest donations in cryptocurrencies in the fourth quarter of 2025, surpassing the Conservative and Labour Party in terms of total donations. However, parliament members have flagged
The announcement came from the social media site itself, saying they updated the advertising rules to include branded content for crypto. This only applies if the accounts are in official paid partnership programs. Creators get to share promo posts about crypto products, but they have to label them clearly as
