UK Government News

Cross‑party MPs and members of the House of Lords have urged UK Chancellor Rachel Reeves to rein in the Bank of England’s proposed regime for systemic stablecoins.

The UK’s financial watchdog has put British pound‑pegged stablecoin payments on its 2026 growth agenda, as London scrambles to keep its edge in digital finance.

The donation came as the UK government considered banning crypto contributions to political parties under a proposed Elections Bill.

The UK is reportedly considering a ban on political crypto donations as Reform UK tops the polls, raising questions about funding transparency and potential foreign influence.

The UK has proposed a “no gain, no loss” approach to decentralized finance transactions, scrapping capital gains taxes on deposits to crypto lending platforms.

Eunice will trial standardized crypto disclosure templates with major exchanges, feeding real-world data into the UK’s evolving 2026 rulebook.

Arjun Sethi criticized the UK’s crypto regulations for burdening users with excessive disclaimers, saying they worsen customer experience.

Breeden said loosening UK stablecoin rules could fuel risky bank outflows, urging stronger safeguards as the Bank of England finalizes its crypto framework.

Lisa Cameron says her UK-US Crypto Alliance expects a joint transatlantic crypto sandbox to emerge from ongoing talks with US lawmakers and SEC officials.

The UK’s top bank says it will roll out stablecoin rules “just as quickly as the US” amid concerns that it's lagging behind global allies.

UK regulators are adopting a more lenient stance on crypto, opening the LSE to digital assets and easing proposed stablecoin limits for institutions.

HMRC has issued 65,000 crypto tax warning letters, but experts say UK investors who haven’t been contacted could still owe taxes.

The Bank of England is worried that a rise in financiers’ lending to data center lending may cause an AI bubble reminiscent of the dot-com crash in the early 2000s.

Revolut also revealed its Crypto 2.0 platform, which will feature over 280 tokens, zero-fee staking up to 22% APY and 1:1 stablecoin-to-US dollar conversion.

The Financial Conduct Authority renewed its warnings advising residents of the United Kingdom not to use unregistered crypto exchanges.