UK crypto rules: New regulation
- On April 29, Chancellor Rachel Reeves and the UK Treasury unveiled draft legislation in London to regulate cryptocurrency services under the Plan for Change initiative.
- The proposals respond to rising crypto adoption and aim to establish regulation like traditional finance, enhancing transparency, consumer protection, and operational resilience.
- The framework covers exchanges, brokers, custody providers, stablecoin issuers, and staking services, requiring formal authorization for specified crypto activities.
- Chancellor Reeves stated that their Plan for Change aims to position Britain as a global leader in innovation while ensuring consumer safety, noting that around 12% of adults in the UK currently own cryptocurrencies.
- The new rules, expected to be finalized later in 2025, seek to boost investor confidence, curb illicit activity, and align UK regulation closely with US approaches by 2026.
19 Articles
19 Articles
UK crypto rules: New regulation
The UK is preparing to bring the fast-moving world of cryptocurrency under formal financial regulation for the first time, as Chancellor Rachel Reeves announced plans this week to clamp down on dodgy players while supporting innovation in the sector. The move signals a clear pivot towards the US model of crypto oversight, distancing Britain from the more crypto-specific approach taken by the EU. Source
UK Proposes Crypto Regulation Law, Plans Closer Cooperation with United States
The UK plans new laws to control crypto firms and protect users with rules like those in regular finance. The UK and US will work together to create safe rules for crypto and support global cooperation. Crypto firms must follow clear steps to stay open, protect users, and stop illegal activity in the UK. The United Kingdom has shared a new draft law to regulate cryptocurrencies. The law will create rules for crypto businesses. It was announced o…
HMT publishes draft legislation for regulating cryptoassets
On 29 April 2025, HM Treasury (HMT) published a draft statutory instrument (SI), the Financial Services and Markets Act 2000 (Regulated Activities and Miscellaneous Provisions) (Cryptoassets) Order 2025, which sets out provisions to create a new regulatory regime for cryptoassets. An accompanying draft policy note has also been published. Background HMT published detailed proposals in October 2023 for creating a UK financial services regulatory …
UK Moves to Regulate Crypto, Eyes Closer US Ties Amid Industry Scrutiny
The UK government has unveiled draft legislation to establish a comprehensive regulatory regime for cryptoassets, signaling a significant step towards formal oversight of the sector. Finance Minister Rachel Reeves announced the move at a UK Fintech Week event on Tuesday, emphasizing a dual goal: fostering responsible innovation and clamping down on illicit activities within the digital asset space, the UK Treasury said.The proposed rules will su…
UK Publishes Draft Legislation for Regulating Crypto - Markets Media
Clear new rules to give investors confidence and protect consumers Chancellor also reveals discussions with US about supporting the use and responsible growth of digital assets, as Government works in national interest to drive growth through Plan for Change Firms offering services for cryptoassets like Bitcoin and Ethereum will be subject to new, clear rules, boosting investor confidence and driving growth through the Plan for Change. At a majo…
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