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Cryptoassets HM Treasury New Regulations

A&O Shearman

HMT consultation response on improving the effectiveness of the money laundering regulations

A&O Shearman on

HM Treasury (HMT) has published its consultation response in relation to its 2024 consultation on proposals to improve the effectiveness of the UK Money Laundering Regulations (MLRs). The consultation concentrated on four...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK FCA Publishes Consultation Paper on Stablecoin Issuance and Cryptoasset Custody in the UK

Following the publication by HM Treasury of the draft legislation establishing a financial services regulatory regime for cryptoassets in the UK, on 28 May 2025 the UK Financial Conduct Authority (FCA) published Consultation...more

A&O Shearman

HM Treasury publishes draft order for cryptoasset regulation

A&O Shearman on

The HM Treasury (HMT) has published a draft of The Financial Services and Markets Act 2000 (Regulated Activities and Miscellaneous Provisions) (Cryptoassets) Order 2025, together with an accompanying policy note... ...more

Katten Muchin Rosenman LLP

UK Cryptoassets: Draft Legislation and FCA Discussion Paper Published

On 29 April, UK Chancellor Rachel Reeves announced the publication by HM Treasury of near-final legislation to bring cryptoassets within the scope of the UK’s regulatory perimeter. Shortly after, on 2 May, the UK Financial...more

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