Numerous jurisdictions across the globe are developing their own cryptoasset regulatory frameworks—the UK is no exception. Cryptoasset businesses overseas looking to enter the UK market, or to offer services to customers in...more
On 8 April 2025, the Financial Conduct Authority (FCA) published their Annual Work Programme, detailing what the FCA intends to deliver in 2025/26—read on for our views on what this means for the digital assets space....more
4/9/2025
/ Asset Management ,
Blockchain ,
Cryptoassets ,
Digital Assets ,
Financial Conduct Authority (FCA) ,
FinTech ,
Popular ,
Regulatory Agenda ,
Regulatory Reform ,
Securities Regulation ,
UK
Key developments of interest over the last month include: a new Bill containing detailed new information and account direct deduction obligations for banks and EMIs being introduced to the UK Parliament; the issuing of a...more
What is happening Many of the largest blockchain networks today are subject to a proof-of-stake (PoS) consensus mechanism, such as Ethereum, Solana, and Polygon, which are reliant on users participating in the activity of...more
Digitalisation and the application of key technologies, such as distributed ledger technology (DLT), are reshaping the landscape of global finance. In this report, TheCityUK has collaborated with Hogan Lovells to consider the...more
1/23/2025
/ Blockchain ,
Capital Markets ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Financial Conduct Authority (FCA) ,
Financial Markets ,
Financial Services Industry ,
FinTech ,
HM Treasury ,
Innovation ,
Regulatory Reform ,
UK
In our previous Comparative Guide, we explored innovations in private forms of digital money and money-like instruments available to retail customers, including fiatreferencing stablecoins, e-money and tokenised deposits. As...more
On 9 January 2025, the widely anticipated Statutory Instrument exempting cryptoasset staking from the meaning of “collective investment schemes” as defined under the Financial Services and Markets Act 2000 (FSMA 2000) was...more
1/13/2025
/ Blockchain ,
Collective Investment Schemes ,
Cryptoassets ,
Digital Assets ,
Financial Conduct Authority (FCA) ,
Financial Markets ,
Financial Services Industry ,
Regulatory Reform ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
UK
This articles provides some insights on the direction of travel in the UK in relation to distributed ledger technology (DLT) and digital assets, in light of recent legislative and policy developments that signal the UK’s...more
Key developments of interest over the last month include: the UK Chancellor of the Exchequer makes her first Mansion House speech and HM Treasury publishes the National Payments Vision, indicating a focus on economic growth...more
From the use of metal coins to the dematerialization of money, the advent of distributed ledger technology (DLT) and tokenisation arguably represents the next stage in the evolution of money and the payments ecosystem. As...more
The BIS Innovation Summit 2024, which took place over 6-8 May 2024, was in turns both an inspiring and surprising event. This article sets out a summary of the key takeaways from the summit....more
2023 has been a defining year for digital assets and blockchain, with a number of jurisdictions publishing new regulatory frameworks, cementing the importance of digital assets and blockchain into legislation.
As the...more
The outlook for 2023 looks uncertain, following another tumultuous year. The collapse of a number of large cryptocurrency exchanges has shone another spotlight on the digital asset market. The financial system’s resilience...more
With increasing levels of capital continuing to flow into digital assets globally, an ever-growing pool of asset holders, and even governments exploring various digital asset projects, the need to examine custody services in...more
On 1 February 2023, HM Treasury published a long-awaited consultation paper and call for evidence setting out proposals for the UK’s financial services regulatory regime for cryptoassets. The proposals mark the next stage of...more
2022 promises to be a defining year for digital assets and blockchain, as governments move from a watch and wait position to delivering regulatory frameworks and taking strides to harness the potential of the technology....more
10/6/2022
/ Anti-Money Laundering ,
Blockchain ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Emerging Markets ,
Ethereum ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Smart Contracts
At our recent global conference we held in partnership with Global Digital Finance, our keynote speaker suggested that the three major drivers for financial institution regulators and policy makers for the next few years...more
The European Central Bank (ECB) has just kicked off an “investigation phase” to explore different options for the digital Euro. This phase of detailed consideration for a European version of a Central Bank Digital Currency...more
You might expect that the European Commission, eager to act as an innovative regulator, to have non-fungible tokens, NFTs, firmly on their radar and to have dedicated a relevant part of its regulation for cryptoassets, MiCA,...more
As in other fields of digital transformation, the EU Commission wants to set a standard with its draft regulations for both cryptoassets, and artificial intelligence. But is it ready for the challenge? Both technologies will...more
9/7/2021
/ Artificial Intelligence ,
Blockchain ,
Cryptoassets ,
Cryptocurrency ,
Cybersecurity ,
Digital Services ,
Distributed Ledger Technology (DLT) ,
European Commission ,
Financial Regulatory Agencies ,
Financial Services Industry ,
FinTech ,
Non-Fungible Tokens (NFTs) ,
Popular
What is Living Mobility? It is easier to say what it is not. The automotive industry is no longer focused on the traditional vehicle. Not only are the vehicles changing but we are now focused on mobility: different modes of...more
6/23/2021
/ Artificial Intelligence ,
Automation Systems ,
Automotive Industry ,
Blockchain ,
Climate Change ,
Connected Cars ,
Cybersecurity ,
Data Privacy ,
Drones ,
Electric Vehicles ,
Innovative Technology ,
Manufacturers ,
Motor Vehicles ,
Public Private Partnerships (P3s) ,
Supply Chain ,
Unmanned Aircraft Systems
What is Living Mobility? It is easier to say what it is not. The automotive industry is no longer focused on the traditional vehicle. Not only are the vehicles changing but we are now focused on mobility: different modes of...more
4/14/2021
/ Artificial Intelligence ,
Automation Systems ,
Automotive Industry ,
Blockchain ,
Connected Cars ,
Data Protection ,
Driverless Cars ,
Drones ,
Infrastructure ,
Innovative Technology ,
Motor Vehicles
What is Living Mobility? It is easier to say what it is not. The automotive industry is no longer focused on the traditional vehicle. Not only are the vehicles changing but we are now focused on mobility: different modes of...more
2/11/2021
/ 5G Network ,
Artificial Intelligence ,
Automation Systems ,
Automotive Industry ,
Blockchain ,
Climate Change ,
Connected Cars ,
Data Privacy ,
Drones ,
Integrated Accessibility Standards ,
Motor Vehicles ,
Personal Data ,
Unmanned Aircraft Systems
An advisory committee to EU institutions has issued an opinion on blockchain and the EU single market, advising the European Commission on potential next steps, including launching a "comprehensive" blockchain initiative,...more
3/5/2020
/ Anti-Corruption ,
Blockchain ,
Competition ,
Cross-Border ,
Cryptocurrency ,
Data Protection ,
Distributed Ledger Technology (DLT) ,
EU ,
EU Single Market ,
European Commission ,
General Data Protection Regulation (GDPR) ,
Initial Coin Offering (ICOs) ,
Regulatory Oversight ,
Smart Contracts ,
Tax Avoidance ,
Tax Evasion
We are pleased to provide you with the third annual installment of our Life Sciences and Health Care Horizons guide. For each of these guides, we have asked our industry thought leaders throughout the world to write about...more
2/26/2020
/ 3D Printing ,
AIDS ,
Analytics ,
Artificial Intelligence ,
Biosimilars ,
Biotechnology ,
Blockchain ,
California Consumer Privacy Act (CCPA) ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
Department of Defense (DOD) ,
Digital Health ,
Drug Distribution ,
Drug Pricing ,
EU ,
Federal Funding ,
Food and Drug Administration (FDA) ,
General Data Protection Regulation (GDPR) ,
Health Technology ,
HIV ,
Incident Response Plans ,
Intellectual Property Protection ,
Life Sciences ,
Medical Device Data System ,
Medical Devices ,
Medical Software ,
Over The Counter Drugs (OTC) ,
Pharmaceutical Industry ,
PHI ,
Prescription Drugs ,
Procurement Guidelines ,
Regulatory Standards ,
Research and Development ,
Right to Try ,
Robotics ,
Supply Chain ,
Telehealth