Runaway US debt is on target to hit $40T by Christmas. In the UK, the Office for Budget Responsibility flags us as one of the most indebted advanced economies. As Reuters put it: “Britain’s economic problems are home-grown and a solution looks a long way off.” Inflation saves the state, Bitcoin saves you.

Office for Budget Responsibility

The UK’s fiscal position in international context - Office for Budget Responsibility

The UK’s fiscal position is increasingly vulnerable, by both historical and international standards. In this box, we considered the drivers of fi...

https://www.reuters.com/commentary/breakingviews/britains-economic-woes-are-sadly-home-grown-2025-09-05/

Is this how freedom ends in the UK? The UK’s latest “crypto AML rules” slash ownership disclosures from 25% to 10%, pulling more people into disclosure regimes and expanding banking surveillance.

Passle

UK drafts changes to Money Laundering Regulations

The UK Government has shared draft legislation amending the Money Laundering Regulations, including changes to cryptoasset regulation, customer due...

GOV.UK

The draft Money Laundering and Terrorist Financing (Amendment and Miscellaneous Provision) Regulations 2025 - Policy note

These measures are framed as fighting crime. But similar rules in tradfi have existed for years and haven’t stopped fraud or money laundering. What they do create are honeypots of personal data, risks for law-abiding people, and deeper state oversight. This is about normalising authoritarian tools, not AML or safety. Decades of KYC and financial surveillance show how control creeps in rule by rule. That same authoritarian logic already governs speech, from the Online Safety Bill to Graham Linehan’s Heathrow detention over tweets. And now digital IDs are back on the table, linking finance, identity and turning everyday access into a system of control. Add in programmable money and street surveillance, and you have a panopticon, a 1984 scenario darker than Orwell imagined.

99Bitcoins

New UK Crypto AML Rules Target Ownership, Banking, and Trusts

The UK is updating its crypto AML rules with stricter checks on ownership, banking partners, and trust registration. Feedback open until Sept.

The UK has offically sleepwalked into authoritarianism.

Energy bills are climbing again in the UK while billions are being paid out in curtailment costs. Flexible load solutions that could help stabilise the grid are being ignored. According to the Financial Times, in the 2024–25 financial year. NESO spent £2.7 billion in total balancing costs in 2024–25, with wind curtailment a major contributor. This curtailment happened because the grid could not handle the excess electricity.

Client Challenge

Recent coverage paints a clear picture. YahooFinance and CoinDesk report on Hut 8’s efforts to monetise energy assets, showing how miners are aligning with the energy sector to provide stability and unlock new revenue streams.

Yahoo Finance

Hut 8 Maps

Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.

Hut 8 (HUT) Maps Out 1.53GW Expansion as Bitcoin (BTC) Mining Carve-Out Nears: Benchmark

Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.

Our UK briefing paper at @Bitcoin Policy UK shows exactly how Bitcoin mining could do the same here. Flexible load can absorb excess renewable generation, reduce curtailment costs, and lower bills for households and businesses. 📄.pdf The UK energy crisis is not going away. It is time to stop ignoring solutions that are already working elsewhere. H/t to Progressive Bitcoin UK for today’s newspaper headlines.

Another solo Bitcoin miner has hit a block, with #910,440 reportedly earning around $371,000 through CKpool. This adds to a series of rare solo wins seen in 2025. These stories show that solo miners have a chance to succeed and serve as a reminder that Bitcoin remains open to anyone, reflecting the ongoing promise of decentralised mining. Read the full article here:

CoinMarketCap Academy

Bitcoin Solo Miner Scores $371K Block Reward Against All Odds | CoinMarketCap

A solo Bitcoin miner has successfully mined block 910,440 through Solo CK pool, earning 3.137 BTC worth approximately $371,000.