As the U.K. accelerates its efforts to establish a robust regulatory framework for stablecoins, the evolving landscape presents both opportunities and challenges for market participants. In this episode, Joseph Kamyar is...more
Markets have continued to observe the rapid growth of fiat-backed stablecoins, with the U.S. dollar-denominated stablecoin market reaching $225 billion and commentators estimating that number could reach up to $750 billion...more
1/21/2026
/ Anti-Money Laundering ,
Bank of England ,
Consumer Protection Laws ,
Cross-Border Transactions ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
EU ,
Financial Crimes ,
FinTech ,
Hong Kong ,
New Legislation ,
New Regulations ,
Payment Systems ,
Regulatory Requirements ,
Stablecoins ,
UK
Clients and Friends, As the new year begins, we’re excited to share our 2026 Insights. This issue is packed with analysis and forward-looking commentary on some of the key topics we see shaping the global business landscape....more
1/20/2026
/ Acquisition Agreements ,
Artificial Intelligence ,
Capital Markets ,
Digital Assets ,
Emerging Technologies ,
Innovation ,
Life Sciences ,
Litigation Strategies ,
Merger Agreements ,
Regulatory Oversight ,
Securities Regulation ,
Tokenization
The UK’s cryptoasset regulatory framework continues to take shape following a series of coordinated legislative and regulatory developments across HM Treasury and the Financial Conduct Authority (FCA)....more
12/18/2025
/ Anti-Money Laundering ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Financial Conduct Authority (FCA) ,
FinTech ,
HM Treasury ,
New Legislation ,
Proposed Legislation ,
Proposed Rules ,
Prudential Regulation Authority (PRA) ,
Public Consultations ,
Regulatory Reform ,
Regulatory Requirements ,
UK
In the latest episode of “Fintech Focus,” host Joseph Kamyar sits down with Pippa Hammond, general counsel and COO of a U.K. fintech and payments unicorn. Pippa shares her journey from private practice lawyer to fintech...more
The long-awaited Bank of England (Bank) consultation paper on its proposed regulatory regime for sterling-denominated systemic stablecoins was published on 10 November 2025 (Consultation Paper)....more
11/13/2025
/ Anti-Money Laundering ,
Bank of England ,
Blockchain ,
Consultation Papers ,
Cryptocurrency ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
HM Treasury ,
Investment ,
Payment Systems ,
Regulatory Requirements ,
Smart Contracts ,
Stablecoins ,
UK
- What is new: The FCA has published Consultation Paper 25/23 proposing new regulations for Buy Now, Pay Later (BNPL) services, now termed deferred-payment credit (DPC), with rules coming into force on 15 July 2026. - Why it...more
7/30/2025
/ Buy Now Pay Later (BNPL) ,
Compliance ,
Consumer Lenders ,
Consumer Protection Laws ,
Financial Conduct Authority (FCA) ,
Lenders ,
New Regulations ,
Proposed Rules ,
Regulatory Requirements ,
The Pensions Regulator (TPR) ,
Third Party Funding ,
UK
The first half of 2025 brought significant developments in the regulation of digital and cryptoassets in the UK and EU. In this half-year update, we review these and look ahead to likely developments in the UK and EU in the...more
7/9/2025
/ Banking Sector ,
Blockchain ,
Cryptocurrency ,
Digital Assets ,
EU ,
European Banking Authority (EBA) ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
FinTech ,
HM Treasury ,
Technology ,
UK
Following the publication by HM Treasury of the draft legislation establishing a financial services regulatory regime for cryptoassets in the UK, on 28 May 2025 the UK Financial Conduct Authority (FCA) published Consultation...more
6/6/2025
/ Cryptoassets ,
Cryptocurrency ,
Financial Conduct Authority (FCA) ,
Financial Regulatory Reform ,
HM Treasury ,
New Legislation ,
New Regulations ,
Proposed Rules ,
Regulatory Requirements ,
Stablecoins ,
UK
In October 2024, HM Treasury (HMT) published a consultation paper amid perceived concerns related to the “buy now, pay later” (BNPL) sector, including uninformed consumer decisions, affordability checks and levels of...more
As companies shift their thinking from “if” a cyberattack will happen to “when” an attack hits, the key differentiator in how a company emerges from an attack is often dictated by preparation and strategic planning in order...more
Alex Drylewski, co-head of Skadden’s Web3 and Digital Assets Group, discusses the significant shift in U.S. crypto policy under the Trump administration with host Joseph Kamyar. Alex highlights recent regulatory developments,...more
On 5 February 2025, Skadden hosted a series of panel discussions looking at the evolving EU, UK and US crypto-asset landscape... The discussion explored how market participants and investors can best anticipate and prepare...more
2/13/2025
/ AML/CFT ,
Blockchain ,
Compliance ,
Corporate Governance ,
Cryptocurrency ,
Digital Assets ,
Enforcement Priorities ,
EU ,
Financial Crimes ,
Financial Regulatory Reform ,
FinTech ,
Regulatory Agenda ,
Sanctions ,
UK
On 8 January 2025, the UK’s HM Treasury issued a statutory instrument amending the scope of “collective investment schemes” (the Amendment) under the Financial Services and Markets Act 2000 (Collective Investment Schemes)...more
As part of the UK government’s drive to develop legislation for a UK regulatory regime to govern the cryptoassets sector, on 16 December 2024 the UK Financial Conduct Authority (FCA) published Discussion Paper DP24/4, which...more
12/23/2024
/ Anti-Money Laundering ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Disclosure Requirements ,
Financial Conduct Authority (FCA) ,
Financial Promotions ,
Financial Services Industry ,
FinTech ,
Market Abuse ,
Regulatory Agenda ,
UK
As we approach the end of the year, so too do fintechs approach the impending deadline for implementing the raft of requirements under the EU’s Digital Operational Resilience Act (DORA). Cybersecurity and data privacy counsel...more
On November 14, 2024, the UK government unveiled its National Payments Vision (the Vision), a strategy designed to reshape the UK’s payments ecosystem. This Vision responds to the findings of the 2023 Future of Payments...more
11/27/2024
/ Bank of England ,
Banking Sector ,
Cybersecurity ,
Data Privacy ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
FinTech ,
HM Treasury ,
Open Banking ,
Payment Systems ,
PRC ,
Regulatory Agenda ,
UK
Consumer financial services partner Darren Welch joined Joseph Kamyar for the latest episode of “Fintech Focus” to discuss AI safety in the fair lending and consumer protection. Tune in to the podcast to hear how U.S....more
As regulators such as the UK’s Financial Conduct Authority have turned their attention to fintechs, sanctions compliance will remain a priority for the sector. Joseph Kamyar is joined by white collar defense and...more
As regulators such as the UK’s Financial Conduct Authority have turned their attention to fintechs, sanctions compliance will remain a priority for the sector. Joseph Kamyar is joined by white collar defense and...more
Susanne Chishti, founder and Chair of FINTECH Circle, joins Joseph Kamyar for this episode of “Fintech Focus” which takes listeners through current trends in the U.K. Fintech sector. In particular, we look at changes in...more
This episode of “Fintech Focus” picks up where our last episode “Growing a Workforce in a Regulated Environment” left off. Part Two delves further into workplace considerations for fintechs, and focuses on how they can manage...more
On 11 September 2024, the UK government introduced the Property (Digital Assets etc) Bill, which provides that digital assets can be considered to be personal property under the laws of England and Wales, and could therefore...more
As the UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) consider feedback to their consultation on guidance regarding the UK change-in-controller regime (consultation paper 25/23), we provide a...more
9/9/2024
/ Banking Sector ,
Corporate Governance ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Investment Management ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
UK
On 7 August 2024, the UK Financial Conduct Authority (FCA) published an update regarding its ongoing assessment of crypto firms’ adherence to the cryptoasset financial promotions rules introduced in October 2023. See our 23...more