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The Bank of England’s policy statement and draft Code of Practice for systemic stablecoin issuers marks a significant step in the UK’s attempt to build a serious regulatory framework for digital money. The question now is no longer whether sterling-denominated stablecoins should sit inside the regulated financial system. That point ...

CryptoUK and its members welcome the opportunity to respond to the FCA’s Consultation Paper CP26/13: Cryptoasset Perimeter Guidance, published on 15 April 2026. The consultation represents an important step in providing greater clarity on the scope of the UK’s future cryptoasset regulatory regime ahead of its implementation in October 2027, ...

On 26 March 2026, HM Revenue & Customs (HMRC) published a call for evidence on the taxation of stablecoins, seeking industry feedback on whether the UK’s existing tax framework is fit for purpose as stablecoins become more widely used for payments, savings, treasury management, and DeFi activity. The consultation focuses ...

This consultation paper (Chapter 2) proposes an amendment to CASS 8 to clarify that where a firm is safeguarding client cryptoassets in accordance with CASS 17, it does not also have to comply with the mandate rules in CASS 8 in respect of those client cryptoassets. We have recommended the ...

Earlier this year, the UK took a notable step toward bringing digital assets closer to mainstream financial markets. The Financial Conduct Authority confirmed that retail investors would once again be able to access crypto exchange-traded notes (ETNs), reversing a ban that had been in place since 2021. Following a consultation ...

On 23 January 2026, the Financial Conduct Authority (FCA) published CP26/4: Application of the FCA Handbook for Regulated Cryptoasset Activities – Part 2. This consultation sets out how key sections of the FCA Handbook would apply to firms undertaking regulated cryptoasset activities under the UK’s forthcoming regulatory framework. The proposals ...

Calls from MPs to restrict or ban cryptocurrency donations to political parties are growing louder. Concerns about foreign interference in political finance are real, and policymakers are right to scrutinise potential vulnerabilities in the systems that underpin democratic institutions. But as the debate gathers momentum, an important question risks being ...

On 26 February 2026, the Payments Vision Delivery Committee published the Payments Forward Plan, setting out a clear and coordinated regulatory roadmap for the payments sector over the next three years. Developed jointly by HM Treasury, the Bank of England, the Financial Conduct Authority, and the Payment Systems Regulator, the ...

On 16 December 2025, the Financial Conduct Authority (FCA) published a coordinated package of three crypto consultation papers, setting out the next phase of the UK’s digital asset regulatory framework. With our earlier responses now published, we are pleased to share the third and final of our three submissions. This ...