Cryptoassets

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

Digital assets like Bitcoin will have greater legal clarity under new legislation introduced at Holyrood. The Digital Assets (Scotland) Bill aims to provide clear legal recognition that digital assets can be property in Scots law. The new legislation creates "robust" legal foundations around digital

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.

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 UK government is developing a detailed regulatory framework aimed at positioning the UK as a global leader in digital finance. The proposed rules will subject cryptoasset firms involved in trading, staking, and custody to standards similar to those governing traditional financial institutions.

New powers allowing police to seize cryptocurrency and other similar assets, which have been illegally obtained by criminals or are being used to hide or launder the proceeds of their activities, came into effect in Scotland yesterday, writes Sally Clark. The new seizure powers are a key aspect of t

Always quick to spot an opportunity, criminals have increasingly turned to cryptocurrency as a means of hiding and, in many cases, laundering the proceeds of illicit activities, writes Sally Clark. As part of the law enforcement response, cryptocurrencies and other cryptoassets have now been specifi

The Treasury Committee has called for the regulation of consumer trading in unsupported cryptocurrencies, akin to gambling laws.

The UK government is considering an update to the Direct Recovery of Debts (DRD) legislation that would enable HM Revenue & Customs (HMRC) to seize cryptoassets from businesses evading tax.