Barclays | Crypto

The Financial Times reports that Ledger is planning a US IPO at a $4 billion valuation as hardware wallet demand increases amid crypto fraud and hacks. French crypto hardware wallet provider Ledger is planning an initial public offering (IPO) in the United States, which may value the company at more than $4 billion. Ledger is in talks with bankers at Goldman Sachs, Jefferies and Barclays about a potential US listing, the Financial Times reported Friday, citing people familiar with the matter. In November 2025, Ledger CEO Pascal Gauthier said the company was planning fundraising or a listing in New York, noting that money for crypto was “certainly not in Europe.” Read more

Barclays has invested in Ubyx, a US stablecoin clearing platform, marking a major move into regulated digital money and tokenized financial services. Barclays, one of the world’s biggest banks and a systemically important global financial institution, has made its first investment in a stablecoin-related company. The United Kingdom-based bank said Wednesday it had invested in Ubyx, a US stablecoin clearing platform that aims to connect regulated issuers with banks and fintech companies. Barclays did not disclose the size of the investment. “As the landscape of tokens, blockchains and wallets evolves, specialist technology will play a pivotal role in delivering connectivity and infrastructure to enable regulated financial institutions to interact seamlessly,” said Ryan Hayward, head of digital assets and strategic investments at Barclays. Read more

The move comes as a debate is unfolding in the UK on whether users should be allowed to buy cryptocurrencies with credit cards. United Kingdom-based bank Barclays will begin blocking crypto transactions made through its Barclaycard credit cards starting Friday, citing risks associated with cryptocurrencies volatility. According to the bank's website, the decision was based on concerns over volatile token prices and the lack of regulatory guardrails for investors. “We’re doing this because a fall in the price of crypto assets could lead to customers finding themselves in debt they can’t afford to repay,” said Barclays, adding that: A Barclays spokesperson declined to further comment on the decision. Read more

Barclays said it will block cryptocurrency transactions on Barclaycard as of June 27 because of "certain risks" when purchasing crypto.

Barclays Bank will ban cryptocurrency purchases with its bank cards from 27 June 2025, citing debt risks and lack of consumer protections. The post Barclays to Block Crypto Transactions on UK Bank Cards Over Debt Concerns appeared first on Cryptonews.