UK Cryptoassets: Draft Legislation and FCA Discussion Paper Published
By EsqSocial Corporation 06/05/25
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 Conduct Authority (FCA) also published a discussion paper (DP25/1) seeking views on its approach to regulating cryptoasset trading platforms, intermediaries, cryptoasset lending and borrowing, staking, decentralised finance (DeFi), and the use of credit to purchase...
By: Katten Muchin Rosenman LLP