UK Is Falling Behind Rivals in Plan to Be Crypto Hub, Executives Say: CNBC

UK Is Falling Behind Rivals in Plan to Be Crypto Hub, Executives Say: CNBC

The U.K. needs to work harder at becoming a global center for the crypto industry to avoid falling behind countries like the U.S., industry executives told CNBC.The country has been saying it wants to be a crypto hub since 2022, before the current Labour government was elected, yet only this week did it start seeking comments on draft legislation for the industry. The European Union, meanwhile, has already implemented its Markets in Crypto Asset…

UK falls behind in European workplace productivity rankings

New research reveals stark disparities in workplace productivity across Europe, with Spain leading the charge while the UK and Ireland trail behind. The study, conducted by Opinion Matters for Ricoh Europe, surveyed 7,000 workers and 1,800 decision-makers across Europe (UK, Ireland, France, Germany, Italy, Spain, and the Netherlands) and underscores the impact of inadequate workplace technology on productivity, particularly in France, Germany an…

Kraken Expands UK Offering With Launch of Crypto Derivatives Trading

The move strengthens Kraken’s presence in its second-largest market and underscores growing institutional demand for crypto derivatives. According to Kraken’s head of derivatives, Alexia Theodorou, the product rollout began quietly in recent weeks to test functionality with a small group. It is now fully open to all eligible professional clients following a dedicated onboarding process. Doubling Down on Derivatives Amid Growing Demand Derivative…

Kraken Expands to UK: Launches Crypto Derivatives Trading

Cryptocurrency exchange Kraken has expanded its services in the United Kingdom with the launch of derivatives trading. The company is targeting professional investors in what constitutes the company’s second-largest market. The new offering has been gradually introduced in recent weeks and is now available to all qualifying clients who complete a specific onboarding process. According to Alexia Theodorou, Kraken’s head of derivatives, while spot…

Kraken Launches Crypto Derivatives Trading In The UK - FinanceFeeds

Crypto exchange Kraken has launched derivatives trading in the United Kingdom, expanding access to a product that now accounts for a growing share of the platform’s volume. The service is available exclusively to clients who qualify as “Professional Clients” under the UK’s Financial Conduct Authority (FCA) rules. The rollout was initially limited to a select group of users but has now been opened to all eligible clients who complete the required…