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The FCA approved only four of the 35 applications it received in the year ended March 31.

The DSS will last five years and could lead to a new regulatory regime for securities settlement.

The Labour Party has been silent on crypto, but said it is interested in promoting tokenization in the country.

In July it was ruled that Wright was only entitled to just 1 GBP in compensation for a libel claim against bitcoin podcaster Peter McCormack.

The U.K.'s long awaited crypto rules are starting the legislative process just as the European Union's take effect.

The country passed a landmark bill in June that laid the foundation for stablecoins and other crypto to be treated as regulated financial activities.

The U.K.'s approach to handling privacy concerns posed by a digital pound should help quench concerns, according to interviews with a wide range of crypto industry legal and technical insiders.

<img src="https://i.cbc.ca/ais/722c857b-1d00-458d-b05c-124fd310600c,1769955890353…; alt="Ukraine's President Volodymyr Zelenskyy speaks during a press conference" width="620" height="349" title="Ukraine's President Volodymyr Zelenskyy speaks during a joint press conference with Lithuania's president and Poland's president, after attending commemorations of the 1863 uprising, in Vilnius on Jan. 25, 2026"><p>U.S.-backed trilateral talks involving Ukraine and Russia will take place next week in Abu Dhabi, Ukrainian President Volodymyr Zelenskyy said on Sunday, as Ukrainians faced uncertainty over the fate of an energy ceasefire with Russia amid plunging</p>

Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking.

Some service providers are facilitating transactions for fraud outfits and high-risk gambling sites, the report said.