Three teenagers from Sheffield have been sentenced to youth detention after orchestrating a brazen $4.3 million cryptocurrency robbery in London, only to lead the authorities to themselves by recording the who robbery on social media.

Bhutan is quietly paring back its once-ambitious Bitcoin stockpile, unloading millions in BTC as falling prices and harsher mining economics force a rethink of the kingdom’s crypto strategy.

DeFi titan Stani Kulechov, founder of Aave, has added a striking five-story Victorian mansion in London’s exclusive Notting Hill to his growing portfolio, paying £22 million for the property

The UK’s Advertising Standards Authority banned a Coinbase ad campaign after finding it suggested cryptocurrency could ease cost-of-living pressures while downplaying investment risks. The ruling covered a two-minute video and three posters that used humour and satire, which the regulator said could mislead inexperienced investors.

Seven senior Labour MPs have urged Prime Minister Keir Starmer to ban cryptocurrency donations to political parties, citing risks of hidden funding and foreign influence. The push follows Reform UK receiving a record £9 million donation and comes as the government considers rules on crypto in the upcoming elections bill.

The UK is considering banning Elon Musk’s X app after its Grok AI allegedly created sexualised images of children and adults. Regulators, including Ofcom, are investigating and could impose fines or block access if the platform fails to remove the illegal content.

A DoorDash driver in Austin, US, was banned after using an AI-generated photo to falsely mark a delivery as completed. Similar AI-driven scams are emerging in the UK, where fake images are used to claim refunds from food delivery apps.

From 1 January, UK crypto investors must share their account and transaction details with HMRC, or face penalties. Exchanges will report users’ data under the new CARF rules, allowing HMRC to track gains and enforce taxes more effectively.

Kraken has officially launched the Krak Card, a Mastercard crypto debit card for residents living in the EU countries and the United Kingdom. The Krak card would allow users to spend more than 400 cryptocurrencies and fiat currencies seamlessly.

Bybit will begin phasing out services for Japanese residents from 2026, as the country’s stringent regulatory framework continues to squeeze unregistered global crypto exchanges out of the market.