15th December 2025
Good morning,
Following the UK Government announcing that regulation of crypto assets will begin in October 2027, please see below commentary from George Morris, Digital Assets Partner at international law firm Simmons & Simmons.
Please feel free to use this in any reporting or get in touch with any questions.
Kind regards,
Alastair
George Morris, Digital Assets Partner at international law firm Simmons & Simmons:
“The UK providing clarity on the regulation of crypto assets is a very positive step to ensure that we keep pace with the development on the oversight of this fast-moving market across the globe. When combined with the recently passed Property (Digital Assets) Act 2025, this new Statutory Instrument paves the way for a strong regime to ensure that firms can invest into the UK, particularly within institutional markets.
“However, regulators must be careful from hereon to avoid over-regulating. Whilst the framework is now in place, what is built on top of that will define how successful this new regulatory regime is. We must be careful in the UK to recognise that the crypto assets industry is still growing and will need time to respond to the new rules, rather than forcing an ‘overnight upgrade’, which will deter firms from engaging with the new rules. Proportionality and pace are key so that firms can adapt, or we risk companies seeing the learning curve as too steep to justify tackling it.”