#DigitalAssetBill

UK Unveils Draft Crypto Legislation – Big Move for Digital Asset Regulation

Big news from the UK! The government has just released draft legislation aimed at regulating cryptoassets like Bitcoin – a major step toward building a clearer, more secure framework for the industry.

This announcement came during Chancellor Rachel Reeves' keynote at the Innovate Finance Global Summit (IFGS 2025) in London. The event brought together key players from both government and fintech to discuss the future of finance.

The draft law follows a 2023 consultation by HM Treasury, which explored bringing crypto exchanges, custody providers, and other services under the same rules that govern traditional financial institutions.