Senior Labour backbenchers are pressing Prime Minister Keir Starmer to prohibit cryptocurrency donations to political parties, warning digital assets and AI lower costs and make foreign interference harder to trace. The move adds pressure for clearer rules on campaign finance and crypto oversight.
UK parliamentary committee chairs have urged a full ban on cryptocurrency donations to political parties, citing risks to transparency and election integrity. The recommendation increases pressure for new rules and a possible legislative response.
Ripple CEO Brad Garlinghouse re-emerged in early January to present a positive 2026 outlook after the company secured a key UK license. He emphasized scaling payments, expanding institutional partnerships, and increasing XRP utility.
Ripple's U.K. subsidiary has completed registration with the Financial Conduct Authority, a notable regulatory milestone as the U.K. moves to integrate crypto into its financial framework. The approval could expand market access for Ripple's services and clarify compliance expectations around XRP activity.
The UK Financial Conduct Authority will open applications in September 2026 for a new crypto licensing regime that takes effect in October 2027. Firms that don't secure authorization in time risk transitional limits on offering new services.
UK prosecutors have launched proceedings to confiscate all assets owned by Craig Costello, targeting his properties, cash and digital assets. The action underscores authorities' increasing focus on recovering value held in crypto as well as traditional accounts.
The UK has introduced new reporting obligations aimed at curbing undeclared crypto income, stripping anonymity from many crypto holdings and making cross‑border flows more traceable. The move gives tax authorities greater certainty but raises compliance and privacy concerns for users and providers.
The UK Financial Conduct Authority has launched a broad consultation that could reshape rules for exchanges, staking providers, and DeFi services, with changes targeted to take effect by 2027. The move aims to provide regulatory clarity while balancing consumer protection and innovation.
The U.K.'s Financial Conduct Authority launched a broad consultation on proposed crypto industry rules, shortly after the government confirmed formal regulation will begin in October 2027. The move kicks off the formal rule‑making process and invites industry input.
On Dec. 14, 2025 the UK announced it will regulate crypto markets under the same framework as traditional financial products, aiming to strengthen investor protection and market integrity.