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Crypto Regulation Hub

Insights

This hub follows MiCA, the Swiss DLT framework and the UK regime against the primary sources.

Digital-asset regulation has moved from white papers to binding law. The sections below collect the operative EU texts and the Swiss and UK frameworks, together with our commentary as it is published.

Featured insights

14 July 2026|Client Update

Switzerland's crypto licensing regime: from SRO membership to the DLT trading facility

See update 30 June 2026|Client Update

AML duties of EU crypto-asset service providers, from the travel rule to the 2027 rulebook

See update

Client Updates

3 September 2026|Client Update

Agentic commerce under EU payments, crypto and AML law

26 August 2026|Client Update

Change of control in a UK or Swiss regulated target: the approvals that set the deal timetable

11 August 2026|Client Update

Ukraine's crypto market and MiCA alignment

30 July 2026|Client Update

CASP wallet screening and transaction monitoring: what EU supervisors expect

16 July 2026|Client Update

The UK cryptoasset regime: the FSMA gateway, 30 September 2026 to 28 February 2027

7 July 2026|Client Update

Stablecoins under MiCA, and the PSD2 question for e-money tokens

2 July 2026|Client Update

Operational resilience under DORA for MiCA-authorised crypto-asset service providers

Resources by topic

European Union: MiCA and related frameworks

Regulation (EU) 2023/1114 (MiCA): the EU's core framework for issuers and crypto-asset service providers; the Article 143(3) transitional period for pre-existing providers ended on 1 July 2026 at the latest

Full text (EUR-Lex)

Regulation (EU) 2023/1113: Transfer of Funds Regulation (recast)

Full text (EUR-Lex)

Regulation (EU) 2022/2554 (DORA): operational resilience, applicable to MiCA-authorised CASPs as financial entities since 17 January 2025

Full text (EUR-Lex)

Regulation (EU) 2022/858: DLT Pilot Regime for market infrastructures

Full text (EUR-Lex)
Switzerland: FINMA practice and the DLT framework

The DLT framework: ledger-based securities (in force 1 February 2021) and the full DLT Act including the trading-facility licence (1 August 2021)

Federal Council: DLT Act fully in force (media release) SIF: DLT / blockchain / tokenisation

FINMA practice: token taxonomy, licensing and crypto services

FINMA ICO guidelines (token taxonomy, 2018) FINMA: crypto services at a glance FINMA: FinTech licence and authorisation enquiries (Unterstellungsanfragen) FINMA: self-regulatory organisations (SROs)

Current guidance: stablecoins, staking and crypto custody

FINMA Guidance 06/2024: stablecoins FINMA Guidance 08/2023: staking (PDF) FINMA Guidance 01/2026: safekeeping of crypto-based assets

Market infrastructure

FINMA licenses the first DLT trading facility (BX Digital, March 2025)
United Kingdom: the FSMA regime

The new FSMA regime: seven regulated cryptoasset activities under SI 2026/102, authorisation gateway open 30 September 2026 to 28 February 2027, full regime in force 25 October 2027

FCA: a new regime for cryptoasset regulation FCA: how the authorisation gateway will operate FCA: cryptoasset regime policy statements overview S.I. 2026/102 as made; full commencement 25 October 2027 (legislation.gov.uk) HM Treasury: draft regulated activities SI and policy note (background)

For applicants and non-UK firms

FCA: application form information pack (PDF) FCA PS26/18: cryptoasset perimeter guidance, final (16 September 2026) FCA: crypto roadmap (PDF)

The current interim framework: MLR registration and financial promotions

FCA: Money Laundering Regulations
See how we support clients on these questions in our Digital Assets practice.

Last reviewed: 27 September 2026. The materials on this page are provided for general information only, do not constitute legal advice and do not create a lawyer–client relationship. Links to official sources are provided for convenience; always rely on the current official text.