UK to Regulate Bitcoin & Crypto: New Legislation Coming This Year
The UK is set to introduce groundbreaking legislation this year to regulate Bitcoin and the wider cryptocurrency market. Finance Minister Rachel Reeves announced the UK's plans to pass legislation to properly regulate crypto-assets, bringing much-needed clarity and consumer protection to the rapidly evolving digital asset landscape. This move follows increasing calls for regulatory oversight in the sector.
Key Areas of Focus in the Upcoming Crypto Legislation
The forthcoming UK legislation aims to address key areas within the crypto ecosystem. As research released by LONDON, United Kingdom suggests, the draft legislation published on Tuesday by the UK government aims to regulate cryptocurrencies like Bitcoin and Ethereum. Under the new draft legislation, crypto exchanges, trading platforms and related firms operating in the UK will be subject to tougher rules on transparency, consumer protection, and operational standards.
Furthermore, the proposal intends to bring digital asset exchanges, dealers and agents within existing financial services law. This means crypto businesses will be subject to the same rigorous standards as traditional financial institutions.
Landmark Recognition of Digital Assets
In related news, the UK Parliament has introduced the Property (Digital Assets etc) Bill on 11 de sept. de 2025 to officially and legally recognize Bitcoin, cryptocurrency, and other digital assets. This landmark move aims to recognize digital files, digital records, email accounts, and digital carbon credits. The U.K. government introduced a bill to Parliament touching on the legal status of digital assets including cryptocurrencies, non-fungible tokens (NFTs) and tokenized assets.
What This Means for Crypto in the UK
These legislative efforts signal a significant shift towards mainstream adoption of cryptocurrencies in the UK. While the regulations aim to protect consumers and prevent illicit activities, they also pave the way for greater institutional investment and innovation within the crypto space. Stay tuned for further updates as the legislation progresses through Parliament.
Updated: August 2025