The Insolvency Service has appointed its first dedicated crypto intelligence specialist to help recover more money for the UK economy from bankruptcy cases. Former police investigator Andrew Small will help track digital assets in criminal cases and provide the agency with detailed knowledge of the
Crypto
The Financial Conduct Authority (FCA) is proposing to lift the ban on offering crypto exchange traded notes (cETNs) to retail investors, with similar products already available in other countries.
BCP Technologies has launched Tokenised GBP (tGBP), the first sterling-denominated stablecoin from a UK-registered issuer to go live. The launch on 3 June 2025 follows a testing period within the Financial Conduct Authority's (FCA) Regulated Sandbox.
The Financial Conduct Authority (FCA) has published proposals on issuing stablecoins, crypto custody and financial resilience of cryptoasset firms. The latest milestone on the road to crypto regulation, the proposals are the result of extensive engagement through roundtables and feedback on previous
The UK government is developing a detailed regulatory framework aimed at positioning the UK as a global leader in digital finance. The proposed rules will subject cryptoasset firms involved in trading, staking, and custody to standards similar to those governing traditional financial institutions.
A cryptocurrency project connected to US President Donald Trump has reportedly generated at least $350 million (c. £271m) in revenue for its creators. The memecoin project, associated with the tradable Official TRUMP ($TRUMP) token, has accrued $314m (c. £243m) from token sales and $36m
Bitcoin and other cryptocurrencies experienced a significant rally over the weekend, spurred by the announcement of a US strategic crypto reserve. Bitcoin climbed above $92,000, an 18% increase from its Friday low, while Ether rose by 13% to around $2,300.
The Royal Institution of Chartered Surveyors (RICS) is launching a consultation for a second edition of its financial crime standard.
Scotcoin has debuted on the MEXC exchange today at 10.00 am GMT, representing one of the biggest UK-based project listings of recent years and a big step forward for the ethically focussed crypto project. The listing, which will see the tokens valued at a combined $250 million (c. £200m), will
A new report by Edinburgh-based digital assets platform Zumo has revealed a significant knowledge gap amongst crypto-asset service providers (CASPs) regarding the European Union's incoming Markets in Crypto-Assets (MiCA) regulation, specifically its sustainability requirements. The MiCA CASP Sustain
Scotcoin is set to be listed on a major cryptocurrency exchange in February 2025, which will see the project valued at $250 million (£200m) on its market debut. The Scotcoin Project (TSP) Community Interest Company has exchanged contracts with a tier 1 exchange and will initially be paired wit
Bitcoin has reached a long-awaited milestone, rising above $100,000 (c. £78,000) for the first time in its history. The cryptocurrency traded above the $100,000 mark on Wednesday night, and continued to trade in six-figure territory for half a day, into Thursday, when it dropped back under $10
Bitcoin has surged above $80,000 (c. £62,000) for the first time, following last week's US election result. This follows US President-elect Donald Trump's campaign promises to make the US "the crypto capital of the planet" by creating a strategic bitcoin reserve and appointing crypto-friendly
New powers allowing police to seize cryptocurrency and other similar assets, which have been illegally obtained by criminals or are being used to hide or launder the proceeds of their activities, came into effect in Scotland yesterday, writes Sally Clark. The new seizure powers are a key aspect of t
Always quick to spot an opportunity, criminals have increasingly turned to cryptocurrency as a means of hiding and, in many cases, laundering the proceeds of illicit activities, writes Sally Clark. As part of the law enforcement response, cryptocurrencies and other cryptoassets have now been specifi