UK committee pushes for political crypto donation ban over foreign influence risks

UK lawmakers are raising concerns over the risks tied to crypto donations, which they claim can open the door to foreign influence in political financing. In its latest report, the Joint Committee on the National Security Strategy urged a moratorium…

UK Banking Heavyweight Barclays Weighs Major Step Into Blockchain-Based Payments And Deposits

Barclays is reportedly assessing a possible move into blockchain infrastructure, as tradfi institutions adapt to the increasing influence of stablecoins.

UK politician proposes ban on political crypto donations over foreign interference risks

Some Members of Parliament in the United Kingdom, led by the chairman of the Joint Committee on National Security Strategy, Matt Western, are pushing for a temporary ban on political crypto donations due to concerns over foreign interference. A letter…

Coinbase CEO Brian Armstrong pushes back on UK stablecoin caps

Coinbase CEO Brian Armstrong has warned that proposed stablecoin rules in the United Kingdom risk undermining the country’s competitiveness as a global financial hub, arguing that draft measures could stifle innovation rather than support it. Coinbase CEO urges UK to…

UK ad watchdog bans Coinbase campaign for trivializing crypto investment risks

U. K. ’s advertising watchdog has banned a Coinbase campaign that allegedly downplayed the risks of crypto investing and touted the exchange as a solution to the country’s cost-of-living crisis. According to the U.

UK FCA launches consultation on proposed crypto rules

UK’s Financial Conduct Authority has kicked off a consultation on proposed crypto rules that would bring the industry under formal regulatory oversight by 2027. According to a Financial Times report, the FCA unveiled three consultation papers on Tuesday with the…