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The U.K. Financial Conduct Authority on Wednesday selected four firms - Revolut, Monee Financial Technologies, ReStabilise and VVTX - to trial stablecoin issuance in its Regulatory Sandbox, chosen from a pool of 20 applicants. Testing begins in Q1 2026, with results expected to inform final U.K. sta

Britain's Financial Conduct Authority launched legal proceedings against HTX, a crypto exchange tied to Justin Sun, for allegedly promoting services illegally to UK users. This first-of-its-kind action followed repeated ignored warnings since 2023. Regulators now seek blocks on HTX's social media an

The House of Lords Financial Services Regulation Committee launched a stablecoin inquiry January 29 with a March 11 deadline for evidence submission. The parliamentary review examines whether Bank of England and Financial Conduct Authority regulatory frameworks provide "measured and proportionate re

Britain's advertising watchdog banned Coinbase campaign materials for suggesting cryptocurrency could address the cost of living crisis without adequately disclosing investment risks. The Advertising Standards Authority ruled the exchange's video and three posters were "irresponsible" and "trivialis

Nearly half of customer payments to cryptocurrency platforms face blocks or delays from UK banks, according to a survey of major exchanges that handle billions in monthly transactions. The UK Cryptoasset Business Council surveyed 10 regulated exchanges including Coinbase, Kraken and Gemini. The repo