The UK government, through the Treasury, is introducing legislation to bring the digital assets sector, including crypto exchanges and digital wallets, under the formal regulation of the Financial Conduct Authority (FCA). The new rules, set to take effect in October 2027, will regulate crypto services similarly to other financial products, imposing standards like transparency and … Read more
The UK Financial Conduct Authority (FCA) has announced plans to finalize regulations for fiat-pegged stablecoins, specifically those linked to the US dollar and British pound, with an anticipated deadline of 2026. This initiative is part of a broader UK strategy to promote economic growth by leveraging blockchain technology, maintaining the competitiveness of financial services, and … Read more
The UK’s HM Revenue and Customs (HMRC) is implementing a new regulation that will require crypto exchanges to report detailed transaction data for all UK customers, starting with data collection in January 2026. The first reports to HMRC will be due in 2027. This major regulatory move is designed to strengthen tax oversight and aligns … Read more