United Kingdom: Authorisation of stablecoins and crypto services in the Financial Services and Markets Act 2000 (Cryptoassets) Order 2025
Progress
Current status
processing consultation
23 May 2025 processing consultation
29 Apr 2025 in consultation
Scope
Implementers
United Kingdom
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Treasury closes consultation on draft statutory instrument implementing Cryptoassets regulations including authorisation of stablecoins and crypto services
On 23 May 2025, HM Treasury closes its consultation on the draft Financial Services and Markets Act 2000 (Cryptoassets) Order 2025. The draft Order would introduce provisions requiring authorisation for certain cryptoasset activities, including pro…
SourceEvent type
order
Action type
consultation closed
Government branch
executive
Government body
central government
Treasury opened consultation on draft statutory instrument implementing Cryptoassets regulations including authorisation of stablecoins and crypto services
On 29 April 2025, HM Treasury opened a consultation, closing on 23 May 2025, on the draft Financial Services and Markets Act 2000 (Regulated Activities and Miscellaneous Provisions) (Cryptoassets) Order 2025. The draft Order would introduce provisio…
SourceEvent type
order
Action type
consultation opened
Government branch
executive
Government body
central government