Quick Breakdown First Pool Token: Backed by money market funds from Aberdeen, BlackRock, State Street, and Legal & General. Efficiency Boost: Enables instant fund creation, faster transfers, and composable investment structures. Institutional Integration: Supports collateralisation and structured products through Archax’s Nest network. Archax, the UK-regulated digital asset exchange, custodian, and ...
Quick Breakdown 27% of UK adults open to including crypto in pensions 23% would consider cashing out pensions to invest in crypto Security, regulation, and volatility remain top concerns Growing Interest in Crypto-Backed Retirement Funds A new survey by UK insurance firm Aviva has revealed that a quarter of British ...
Binance has reopened access to a broader range of its Earn products for qualifying UK Professional Users, following recent regulatory clarifications in the country. Previously, regulatory constraints limited UK users from certain staking, savings, and loan features. The update comes after the UK government clarified that staking is no longer ...
Former UK Chancellor George Osborne has warned that Britain risks becoming irrelevant in the global crypto economy unless it urgently reforms its regulatory approach. In an op-ed for the Financial Times, Osborne criticized the Labour government and the Bank of England for what he described as a slow and indecisive ...
The UK is set to outlaw ransomware payments by public sector bodies and operators of critical national infrastructure, under new proposals unveiled by the Home Office on Tuesday. The move, aimed at undermining the profitability of cybercrime, would extend an existing ban on government departments paying ransoms to cover entities ...
A former officer of the United Kingdom’s National Crime Agency (NCA) has been sentenced to five and a half years in prison for stealing 50 Bitcoin, now worth approximately $5.9 million, that had been confiscated from Silk Road 2.0 co-founder Thomas White. The Crown Prosecution Service reported on Wednesday that ...
In a groundbreaking move for the UK financial sector, Lloyds Banking Group and Aberdeen Investments have executed the country’s first foreign exchange trades collateralized with tokenized real-world assets, leveraging blockchain technology in a pilot with UK-regulated crypto exchange Archax. Announced on Monday via Bloomberg, the pilot involved digital tokens representing ...
In a significant move to bolster innovation in artificial intelligence (AI) and digital finance, the United Kingdom and Singapore have formalized a new partnership focused on AI development and the tokenization of assets. The agreement, reached during high-level discussions in London, aims to enhance cooperation between the two nations in ...
The UK government will require all cryptocurrency firms within its jurisdiction to report comprehensive details on every customer transaction, effective January 1, 2026. This mandate is intended to improve tax compliance and strengthen regulatory oversight within the expanding cryptocurrency industry. Source: Britannica HM Revenue and Customs (HMRC) requires crypto platforms ...
In a sweeping judgment issued on May 12, the British High Court has imposed a General Civil Restraint Order against Craig Wright, effectively barring the Australian computer scientist from initiating further defamation lawsuits without court approval. The ruling, handed down by Justice Edward Mellor, marks a significant legal blow to ...
