The U.K. has officially recognized cryptocurrency as property with the passage of the Property (Digital Assets etc) Act, enhancing legal clarity and protections for digital asset owners. #Update #Legal $BTC $ETH
A UK money-laundering network linked to drug trafficking and organized crime has funneled billions into cryptocurrency, aiding Russia’s war efforts; 128 arrests made, £25M seized. #Update #Crypto $BTC
@ClearToken has received FCA approval for CT Settle, a DvP settlement system for digital assets, aiming to reduce capital inefficiency and counterparty risk. #Update #Crypto
The U.K.’s Financial Conduct Authority (FCA) is suing cryptocurrency exchange HTX for unlawfully promoting digital asset services, emphasizing consumer protection and market integrity. #Breaking #Legal $HTX
@HargreavesLansdown cautions against treating $BTC as a core investment, citing extreme price volatility and regulatory changes for crypto ETNs in the UK. #Update #Crypto $BTC
@ValourDigital launches its bitcoin staking ETP on the London Stock Exchange, offering a 1.4% annual yield, expanding from its initial German market debut. Access is limited to professional investors. #Update #Crypto $BTC
@realDonaldTrump’s recent comments on trade have sparked a surge in Bitcoin interest, with $BTC eyeing the $100K mark. #Update #Crypto $BTC (+6) ↗
DailyHodl: James Howells considers buying a UK landfill to recover $800M in lost Bitcoin after legal search bids were denied. The site is set to close by 2026. #Update #Legal $BTC (-3) ↘
DailyHodl: The Newport landfill, believed to contain a hard drive with 8,000 $BTC worth $777M, is set to close by 2026 due to environmental concerns. #Update #Crypto $BTC (-3) ↘
The UK may sell its $6.27 billion Bitcoin holdings, mainly seized from money launderer Jian Wen, to address fiscal challenges, per @RSM. Chancellor Rachel Reeves consults experts on timing amid political pressure. #Breaking #Crypto $BTC (+8) ↗
@eToro is reportedly filing for a US IPO, bypassing the London Stock Exchange, with a $5 billion valuation target. The move aims to tap into deeper liquidity and investor awareness in the US market. #Update #Crypto (+4) ↗
The UK government has introduced proposals to combat ransomware, banning public sector entities like the NHS from making ransom payments to protect critical infrastructure. #Update #Legal NHS (-5) ↘
A U.K. court dismissed James Howells’ lawsuit against Newport City Council, blocking his search for a landfill-stored hard drive containing over $700M in $BTC, citing lack of realistic success prospects. #Update #Legal $BTC (-3) ↘
