United Kingdom: Treasury closes consultation on draft statutory instrument implementing Cryptoassets regulations including authorisation of stablecoins and crypto services
Description
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…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government