Regulationtomorrow iconRegulationtomorrowSep 16, 2026 ~1 min source read

Draft SI: The Financial Services and Markets Act 2000 (Cryptoassets) (Miscellaneous Amendments) Regulations 2026

On 15 September 2026, there were published a draft of The Financial Services and Markets Act 2000 (Cryptoassets) (Miscellaneous Amendments) Regulations 2026, with an explanatory memorandum. Background This draft instrument makes amendments to the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 (S.I.

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On 15 September 2026, there were published a draft of The Financial Services and Markets Act 2000 (Cryptoassets) (Miscellaneous Amendments) Regulations 2026, with an explanatory memorandum.

Background This draft instrument makes amendments to the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 (S.I.

2026/102) (the Cryptoassets Regulations) and related legislation, including changes to the treatment of UK qualifying stablecoins, cryptoasset safeguarding, dealing and arranging activities and the...

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The useful part

On 15 September 2026, there were published a draft of The Financial Services and Markets Act 2000 (Cryptoassets) (Miscellaneous Amendments) Regulations 2026, with an explanatory memorandum. Background This draft instrument makes amendments to the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 (S.I. 2026/102) (the Cryptoassets Regulations) and related legislation, including changes to the treatment of UK qualifying stablecoins, cryptoasset safeguarding, dealing and arranging activities and the financial promotions regime.

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  • Regulation 4(5)(b)(i): clarifies the circumstances in which a person is treated as carrying on the activity of issuing a qualifying stablecoin by providing...

Details worth keeping

Regulation 4(5)(a)(iii): inserts a definition of "UK qualifying stablecoin" as a qualifying stablecoin issued within scope of Article 9M of the Cryptoassets Regulations, by a person with Part 4A permission to carry on the regulated activity specified by that article. The definition is used in other amendments made by this draft instrument.

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