FCA orders three London peer-to-peer crypto traders to stop
The FCA, HMRC and the Met issued cease and desist letters at three London premises. No arrests were announced, and no UK P2P firm is registered.
Policy
Regulation, law and the government decisions that reach your wallet.
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FCA sets out crypto authorisation rules 13 months before they apply
The FCA's new crypto guidance explains rules that don't take effect until 25 October 2027. Applications for authorisation open on 30 September 2026.
SEC staff say token buybacks alone don’t make a token a security
SEC staff say announcing a token buyback isn't by itself a promise of managerial effort. The FAQs carry no force of law, and the UK doesn't use that test.
New York asks a court to shut down Polymarket’s US exchange
Letitia James has asked a New York court to close QCX LLC as an unlicensed gambling business. The offshore Polymarket site is a separate entity.
The Fed has proposed stablecoin rules, not passed them
Full reserve backing, capital rules and an application process for bank stablecoin issuers are all proposals. Nothing takes effect on the announcement date.
WSJ says Lagarde pushed to delay Binance’s EU licence in Greece
The ECB has no legal role in MiCA licensing, which is why the claim that its president leaned on Greece's regulator lands the way it does.
FCA tells traders at three London premises to stop trading crypto
The FCA, HMRC and the Met acted at three London premises on 10 September. Cease-and-desist letters were issued, no arrests or seizures announced.
The SEC has opened a five-year window for US stocks to trade on blockchains
The SEC's Innovation Exemption runs five years, caps volumes and lets issuers block tokenisation of their own shares. UK access is not part of it.
Crypto firms can apply for FCA authorisation from September
Firms can apply from September, but the FCA has up to six months to decide each one and the rules aren't expected to be in force until 2027.