The rapid development of digital assets and digital currencies has meant that many legal systems, including Scotland’s, have struggled to keep up, writes Andrew Foyle. The application of 17th century principles to modern blockchain technology has exposed gaps in the way that ownership and poss
Crypto
World Liberty Financial, the cryptocurrency venture associated with US President Donald Trump, has taken steps to formalise its banking operations. Its subsidiary, WLTC Holdings, has submitted a ‘de novo’ application to the Office of the Comptroller of the Currency (OCC) to establish a n
Cryptocurrencies will be regulated similarly to traditional financial products under new legislation set to come into force in 2027. The Treasury is currently drafting rules that will bring the sector under the strict oversight of the Financial Conduct Authority (FCA).
The Financial Conduct Authority (FCA) has set out new growth measures for 2026 including supporting UK-issued stablecoins to provide faster and more convenient payments. To enable firms to experiment with the issuance of stablecoins, the FCA will open its regulatory sandbox for safe testing and to s
Crypto exchange Coinbase is launching a significant challenge to UK fintechs and traditional banks with a new high-interest savings account.
The Scottish Parliament’s Economy and Fair Work Committee has launched a call for views on the Scottish Government’s Digital Assets (Scotland) Bill. The proposed legislation which aims to recognise digital assets as property in the eyes of the law will be scrutinised by a Holyrood Commit
Legal academics from University of Aberdeen have published a briefing exploring the challenges and opportunities presented by digital assets within Scots law.
The Bank of England is facing fierce opposition from the cryptocurrency industry over its proposal to impose strict ownership limits on stablecoins.
Firms will soon be able to give retail consumers access to crypto exchange traded notes (cETNs), under changes announced by the Financial Conduct Authority (FCA). cETNs that retail consumers can access must be traded on an FCA-approved, UK-based investment exchange (a Recognised Investment Exchange
Bitcoin has achieved a new record high, breaking the $122,000 barrier as "Crypto Week" commences in the United States.
A multi-million-pound wager on whether Ukrainian President Volodymyr Zelenskyy would wear a suit by the end of June has descended into confusion, following his recent appearances at a NATO summit. The prediction market on the crypto-currency platform Polymarket, which attracted over $12 million (c.
The Insolvency Service has appointed its first dedicated crypto intelligence specialist to help recover more money for the UK economy from bankruptcy cases. Former police investigator Andrew Small will help track digital assets in criminal cases and provide the agency with detailed knowledge of the
The Financial Conduct Authority (FCA) is proposing to lift the ban on offering crypto exchange traded notes (cETNs) to retail investors, with similar products already available in other countries.
BCP Technologies has launched Tokenised GBP (tGBP), the first sterling-denominated stablecoin from a UK-registered issuer to go live. The launch on 3 June 2025 follows a testing period within the Financial Conduct Authority's (FCA) Regulated Sandbox.
The Financial Conduct Authority (FCA) has published proposals on issuing stablecoins, crypto custody and financial resilience of cryptoasset firms. The latest milestone on the road to crypto regulation, the proposals are the result of extensive engagement through roundtables and feedback on previous

