Aave Secures FCA Approval for UK Crypto Operations
Aave Labs announced on May 28 that its two subsidiaries located in the United Kingdom, Push Labs Ltd. and Push Virtual Assets Ltd., have been granted registration by the Financial…
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UK Sanctions $20B Crypto Marketplace Linked to Scam Hubs
Britain’s Foreign, Commonwealth and Development Office (FCDO) has sanctioned the Chinese-language crypto marketplace Xinbi, which blockchain analytics firm Chainalysis says processed nearly $20 billion in volume between 2021 and 2025.…
UK Moves to Ban Cryptocurrency Donations in Politics
The Government of the United Kingdom has announced its plans to ban cryptocurrency donations to political parties. This is a part of a broader effort to “safeguard” democratic processes and…
Revolut Moves Forward With UK Bank Launch as License Limits Are Removed
The popular crypto-friendly digital bank Revolut announced today that it will be launching its UK bank. According to the firm’s official statement, the Prudential Regulation Authority (PRA) has decided to…
Bank of England May Consider Revising Stablecoin Regulations: Report
The Deputy Governor of the Bank of England, Sarah Breeden, has reportedly said she has been disappointed by the lack of constructive engagement on the bank’s proposed rules to regulate…
Nigel Farage Invests in UK Bitcoin Firm Led by Former Chancellor Kwasi Kwarteng
Stack BTC Plc has raised $347,204 from several entities, including Nigel Farage, leader of the Reform UK party, and Blockchain.com. The fundraising was carried out through the issuance of 5,200,000…
Crypto Investor Says Attackers Stole $24M in Violent Robbery
A crypto holder known online as Sillytuna said on March 5 that attackers stole about $24 million worth of tokens after threatening him with violence during a real-world robbery. The…
Aave Founder Drops £22M on London Mansion as UK Luxury Market Cools
Stani Kulechov, founder of decentralized finance protocol Aave, has purchased a five-story Victorian mansion in London for around £22 million (worth approximately $30 million). This is one of the city’s…
Ripple Notches Major Regulatory Victory From the UK’s FCA: Details
Ripple Markets UK Ltd, the company’s local subsidiary, has secured registration with the country’s Financial Conduct Authority (FCA) in recognition that it meets its money laundering regulations. Consequently, the Brad…
Crypto News You Missed: Schwab’s Big Move and Binance’s New CEO
This week delivered several notable developments across the crypto and traditional finance industries, even as market conditions remained fairly calm. From major institutional signals to regulatory updates and leadership changes,…
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