Barclays and Lloyds back calls to digitalise UK markets and unlock £33bn boost Markets Top financial institutions have rallied behind a new report calling for the government to accelerate the digitalisation of UK markets to deliver a £33bn annaul boost to the economy. The paper, backed by a 54-strong taskforce that includes the likes of Barclays, JP Morgan and Lloyds Banking Group, says the tokenisation of markets could add [...]
Bank of England’s Breeden: Digital gilt will bring down borrowing costs Economics The Bank of England’s plans to help launch a digital gilt will make Britain’s sovereign debt more appealing to a wider pool of investors and help bring down government borrowing costs, its deputy governor has said. Speaking to Morning Wire at the City Week conference, Sarah Breeden hailed the central bank’s efforts to help the [...]
A grassroots crypto campaign just forced its way into the House of Lords. Now it wants to reshape British banking Partner When Stand With Crypto UK launched a petition calling for a national stablecoin strategy six months ago, few expected it to end up in the corridors of Westminster, but as the petition closed with almost 85,000 signatures it had already more than achieved the petitioners’ aims. Stand With Crypto UK, a grassroots organisation, can now [...]
Bank of England’s Breeden warns on rivals overtaking UK on innovation February 2, 2026 The Bank of England’s lead for fintech policy and digital currency has laid out a sweeping vision for the UK’s next generation of payments infrastructure amid a rallying cry for the UK to not lag behind its peers. Sarah Breeden, a rate-setter at the central bank and the deputy governor for financial stability, said the [...]
Crypto firms face clamp down from Treasury and watchdog December 15, 2025 Cryptocurrencies will face regulation like any other financial products under new laws announced by the Treasury. Firms that offer crypto products will fall under the Financial Conduct Authority’s jurisdiction as part of new rules requiring digital assets providers to meet a set of standards from the City watchdog. The Labour government said the new legislation, which comes into [...]
Bank of England relaxes stablecoin stance in ‘watershed’ rules change November 10, 2025 The Bank of England has relaxed its stance on stablecoin in a new consultation paper aimed at helping Britain grab a slice of the £200bn market. The central Bank has previously faced calls to “publicly walk back” on its position on digital assets over fears the UK was missing out on the market. But in [...]
Stablecoin regulation: UK urged to act faster on crypto or fall behind October 24, 2025 Over one thousand crypto supporters gathered in East London at the E1 club on Wednesday for Stand With Crypto’s inaugural UK rally. The rally followed the close of the Zebu Live Conference and the London Blockchain Conference, bringing crypto enthusiasts from all over the world to London. Stand With Crypto’s movement Stand With Crypto, a [...]
JP Morgan set to loosen crypto rules allowing Bitcoin as collateral October 24, 2025 JP Morgan is set to shake up its crypto rules with plans to allow institutional clients to use Bitcoin and Ether holdings as lending collateral. The new scheme will work with a third party to safeguard the crypto assets and follows the banking giant’s delving deeper into the world of digital assets. The US lender [...]
Andrew Bailey’s stablecoin U-turn hailed as ‘positive step’ October 1, 2025 Andrew Bailey has issued a major climb down on stablecoins after previously being accused of “killing” the country’s ambitions with “prescriptive” views. The Bank of England governor – who has been branded a “dinosaur” by Reform’s Nigel Farage for archaic views on crypto assets – has now said the UK should “reap the benefits” of [...]
Farage confronts ‘dinosaur’ Bailey on Bank’s independence September 25, 2025 Reform UK’s Nigel Farage and Richard Tice challenged Bank of England Governor Andrew Bailey on Treasury losses from quantitative tightening (QT) at a showdown meeting on Thursday morning, with market instability partly caused by the programme and stablecoins regulation raised as subjects of discussion. Farage and Tice sat down with the Bank of England Governor [...]