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UK: FCA consults on a prudential regime for cryptoasset firms

As part its ongoing programme of consulting on elements of the new regulatory regime for cryptoassets, the FCA has published Consultation Paper CP25/15: “A prudential regime for cryptoasset firms”, and is inviting feedback...more

UK: FCA consults on stablecoin issuance and cryptoasset custody rules

The UK’s Financial Conduct Authority (FCA) is consulting on draft rules relating to the issuance of stablecoins in the UK and on custody of cryptoassets. What has happened? On 28 May 2025, the FCA published a Consultation...more

UK: FCA issues Discussion Paper on regulating new cryptoasset activities

Following the recent publication by the UK Government of draft legislation which will bring cryptoassets within the regulatory perimeter, the Financial Conduct Authority has now issued a Discussion Paper inviting feedback on...more

UK: HMT publishes draft Statutory Instrument on cryptoasset activities

The UK government has published long-awaited draft legislation setting out how the regulatory perimeter will be expanded to include cryptoassets, with the introduction of new regulated activities relating to cryptoassets,...more

FCA publishes plans for developing cryptoasset rules in the UK

On 26 November 2024, the FCA published a number of communications relating to its approach to developing the future cryptoassets regime for the UK, including a roadmap for the development and introduction of the UK’s...more

HM Treasury brings crypto further within the scope of financial services regulation

On 18 January 2022, HM Treasury published the results of its July 2020 consultation on cryptoasset promotions, and confirmed that the UK government will introduce measures that will effectively bring a wider range of...more

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