United Kingdom: Fin Tech

Cryptoassets must be reported as property for IHT purposes and HMRC has begun issuing One to Many (OTM) letters to agents who have submitted Inheritance Tax...

On 23 January 2026, the UK's Financial Conduct Authority (FCA) published Consultation Paper 26/4 (the CP) on remaining aspects as to how cryptoasset firms will be required to follow...

This first 2026 edition considers evolving UK sanctions enforcement practice, government policy responses to sanctions evasion, and Parliamentary scrutiny of the UK's Magnitsky-style regimes.

The close of 2025 underscored the relentless momentum of the digital asset industry, showing no signs of slowing down. In December, the UK government and the Financial Conduct Authority (FCA) unveiled several draft...

On 15 December 2025, HM Treasury took a significant step towards establishing a UK regulatory regime for cryptoassets by laying the draft ‘Financial Services and Markets Act 2000...

What to expect in UK and EU financial regulation in the coming year...

On December 2, 2025, the Property (Digital Assets etc) Act 2025 received Royal Assent and came into force. The Act aims to reform English law to ensure that it is capable of accommodating digital assets in a way which allows this type of technology to flourish.

The collapse of major digital-asset platforms in recent years has propelled bankruptcy avoidance actions into the spotlight. Among these, claw-back claims under the Bankruptcy Code – especially § 547 (pre-petition preferential transfers) and § 550 (recovery of value from transferees) – present complex, high-stakes terrain for creditors, trustees, and asset-recovery practitioners.

The dominant narrative surrounding cryptocurrency fraud was one of hopelessness for many years.