Crypto

Crypto firm Zumo has signed an agreement with Quantum Chain to build digital asset services designed to withstand future quantum computers. The memorandum of understanding aims to support quantum-safe digital currency and asset management for central banks, banks and regulated financial institutions

Scottish crypto firm Zumo has joined forces with cloud-native core banking platform SaaScada to provide UK financial institutions a "ready-built" route into regulated crypto services. Zumo, will handle the crypto side, from custody and trading to Know Your Customer and Anti-Money Laundering checks o

Sam Bankman-Fried, once a dominant figure in the world of cryptocurrencies and now imprisoned for fraud, has applied for a pardon from US President Donald Trump. The 34-year-old former billionaire was handed a 25-year sentence after being convicted of multiple federal charges relating to FTX, the cr

The Financial Conduct Authority (FCA) has carried out its first operation with partners to disrupt illegal peer-to-peer crypto trading across multiple London locations.

New legislation has been passed giving greater legal protection to digital assets. By clarifying rights to ownership, the Digital Assets (Scotland) Bill enables individuals and businesses to trade and invest "with more confidence".

The Financial Conduct Authority (FCA) has chosen four companies – Monee Financial Technologies, ReStabilise, Revolut and VVTX – to test how their stablecoin services work with proposed regulation in a safe environment. The Regulatory Sandbox programme allows firms to trial stablecoin pro

A South Korean cryptocurrency exchange, Bithumb, issued a formal apology after a promotional error led to the accidental distribution of over $40 billion (c. £30bn) in Bitcoin to its users. During a marketing event on Friday, intended to gift users small cash rewards of roughly 2,000 won (c. &

The rapid development of digital assets and digital currencies has meant that many legal systems, including Scotland’s, have struggled to keep up, writes Andrew Foyle. The application of 17th century principles to modern blockchain technology has exposed gaps in the way that ownership and poss

World Liberty Financial, the cryptocurrency venture associated with US President Donald Trump, has taken steps to formalise its banking operations. Its subsidiary, WLTC Holdings, has submitted a ‘de novo’ application to the Office of the Comptroller of the Currency (OCC) to establish a n

Cryptocurrencies will be regulated similarly to traditional financial products under new legislation set to come into force in 2027. The Treasury is currently drafting rules that will bring the sector under the strict oversight of the Financial Conduct Authority (FCA).

The Financial Conduct Authority (FCA) has set out new growth measures for 2026 including supporting UK-issued stablecoins to provide faster and more convenient payments. To enable firms to experiment with the issuance of stablecoins, the FCA will open its regulatory sandbox for safe testing and to s

Crypto exchange Coinbase is launching a significant challenge to UK fintechs and traditional banks with a new high-interest savings account.

The Scottish Parliament’s Economy and Fair Work Committee has launched a call for views on the Scottish Government’s Digital Assets (Scotland) Bill. The proposed legislation which aims to recognise digital assets as property in the eyes of the law will be scrutinised by a Holyrood Commit

Legal academics from University of Aberdeen have published a briefing exploring the challenges and opportunities presented by digital assets within Scots law.

The Bank of England is facing fierce opposition from the cryptocurrency industry over its proposal to impose strict ownership limits on stablecoins.