Charities decry UK plan to use AI to assess age of young asylum seekers

Federal Reserve governor Christopher Waller told a conference on Sunday that stablecoins expand the reach of US policy while the Bank of England’s Megan Greene expects their popularity will soon fade.

The post UK treats crypto network like a sanctioned bank after claims it processed $90B for Russia appeared on BitcoinEthereumNews.com. Western governments spent three years building what they believed was an airtight financial blockade around Russia, severing its banks from SWIFT, freezing sovereign reserves, and barring major institutions from clearing dollar transactions. And according to British authorities, Russia may have spent much of that same period engineering an alternative financial system designed to circumvent it entirely. On May 26, the UK’s Foreign, Commonwealth & Development Office sanctioned 18 entities and individuals, including Huobi (HTX), a Justin Sun-advised exchange that processed $3.3 trillion in trading volume in 2025, and a Kyrgyzstan-linked stablecoin issuer, for allegedly helping Russia evade Western restrictions. What distinguishes this package of sanctions from previous attempts is the legal instrument Britain reached for. For the first time, the UK appli

Businesses operating in the United Kingdom must now freeze assets and transactions connected to the sanctioned platforms.

Aave’s UK subsidiaries Push Labs Limited and Push Virtual Assets Limited secured FCA crypto registration. The approval creates a dual regulatory structure combining crypto exchange and EMI authorization in the UK. Push will launch zero-fee pound-to-stablecoin on-ramps and off-ramps for UK users. Aave Labs has won two licenses in the UK, a significant milestone for […] The post Aave Labs Secures Dual UK Licenses for Crypto Payments Push appeared first on Live Bitcoin News.

The post Aave Labs’ Push Gains UK FCA Crypto Registration appeared on BitcoinEthereumNews.com. Aave Labs’ UK subsidiaries, Push Labs Ltd. and Push Virtual Assets Ltd., known together as Push, received Financial Conduct Authority (FCA) cryptoasset registration as cryptoasset exchange providers under the UK’s current Anti-Money Laundering regime. The registration was obtained for “certain cryptoasset activities” and supports the decentralized finance (DeFi) company’s plans to build regulated stablecoin on- and off-ramping infrastructure in the country, Aave said Thursday. Aave Labs’ Push describes itself as a “simple way to move between Euros and stablecoins,” according to its homepage. The FCA’s online registry shows that the London-headquartered firm has been registered with the regulator since May 12. The regulatory greenlight allows the subsidiary of the largest decentralized lending protocol to develop its on- and off-ramping stablecoin infrastructure under regulatory permission in

Newly appointed chief secretary to the Treasury Lucy Rigby wants to roll out technology across Whitehall

Despite the regulation milestone, AAVE token prices remained under pressure alongside the rest of the crypto market.

The post UK Targets Justin Sun-Controlled HTX Entity Over Russian Crypto appeared on BitcoinEthereumNews.com. The UK government has added Huobi Global SA, a Panama-based entity linked to the HTX crypto exchange, to its sanctions list over alleged involvement in Russian crypto transactions. According to the British Foreign Office, the company provided financial services to two entities already under UK sanctions: A7 Limited Liability Company, the issuer of the ruble-backed stablecoin A7A5, and Garantex Europe OU, the operator behind the crypto exchange later rebranded as Grinex. The ruble-backed stablecoin crosses $100B in transactions in 2026. Source: Elliptic. British authorities claim transactions worth more than $1.5 billion were processed through HTX infrastructure for individuals connected to those entities. Although Justin Sun was not personally sanctioned, the move places fresh scrutiny on his broader crypto network and HTX’s operations in Western markets. How Justin Sun Is Conn