House of Commons Library briefing on Cryptoassets notes the UK is tightening regulation to reduce consumer harm, ML and financial stability risks while supporting digital asset innovation

The briefing explains how cryptoassets such as cryptocurrencies, stablecoins, and security tokens operate through distributed ledger technology and remain used primarily for speculative investment rather than mainstream payments. It also highlights concerns around criminal misuse, fraud, and market volatility, alongside forthcoming FCA rules that will bring crypto exchanges, stablecoin issuance, and related activities into the UK regulatory perimeter from 2027…