UK FCA crypto rules 🇬🇧 | Bitcoin $117K 🚀 | Bahrain stablecoin law 🕌 | XRP & DOGE ETFs 🪙

NEWS DIGEST – 18.09.2025 🚀 

1) 🇬🇧 UK’s FCA proposes lighter rules for crypto firms — exempting integrity & customer-duty norms

What’s new: The UK’s Financial Conduct Authority (FCA) is drafting proposals to waive several classic financial rules for crypto firms—like integrity, skill, care & diligence, and prioritizing customer interests. The goal is to boost competitiveness by aligning crypto regulation more with U.S. style flexibility, while still tightening operational risk and resilience (in light of recent hacks such as Bybit). Public feedback is open until Nov 12.  

Why it matters: If passed, this could lower regulatory burdens for crypto platforms in the UK, making it faster to launch & scale. But relaxing “customer-first” duties raises risks of consumer harm and reputational blowback. It’s a balancing act: innovation vs protection.

2) ₿ Bitcoin jumps to ~$117,500 after Fed cut, holding steady amid volatility

What’s new: Following the Fed’s 25 bps rate cut, Bitcoin rallied nearly 1% to ~$117,484, showing resilience even as macro uncertainty remains. Analysts note this move while others expected high volatility.  

Why it matters: A test of market confidence: BTC seems increasingly viewed as safe/risk asset in one. The ability to hold post-cut suggests built-in strength. Watch for confirmation via volume & how ETH / alts react. If BTC holds here, it may set base for next leg up.

3) 🕌 Bahrain formalizes stablecoin law — aims for Gulf crypto hub status

What’s new: Bahrain has passed legislation regulating stablecoins and general crypto/Bitcoin law—aiming to make trade safer, attract fintech players, and increase clarity in the digital finance space. Regulators are positioning the country as an innovation-friendly, regulated crypto region.  

Why it matters: Middle East regulation is heating up. Investors and crypto firms looking for friendly regimes may shift some focus to Bahrain. Clear stablecoin rules help on-shoring compliance, reduce illicit risk, and encourage institutional participation.

4) 🪙 XRP & DOGE get first U.S. spot ETFs (XRPR & DOJE) + CME options on XRP / SOL futures ahead

What’s new: On Sept 18, REX-Osprey is launching spot ETFs for XRP (XRPR) & DOGE (DOJE) on Cboe BZX Exchange. Also coming Oct. 13: CME options on XRP and Solana (SOL) futures. This expands access for investors who’ve been waiting for regulated exposure.  

Why it matters: ETF + options combo increases leverage, hedging, and speculation in these altcoins. It may bring more capital in, reduce discount between spot & futures, and raise regulatory scrutiny. Could also shift allocation if investors favor altcoins for upside.