Archive: December 2025

The Bank of England recently published two papers that could reshape how payments and certain financial services operate in the United Kingdom. Here we set out the key features of the consultation on a regulatory regime for “Systemic Stablecoins”, including what the Bank of England means by “systemic”.

The Property (Digital Assets etc) Act 2025 has become law, amounting to a significant step towards cementing the UK as the leading legal jurisdiction to underpin the digital asset economy.

We look at what we’re seeing in the Chinese market during 2025, and where we expect the opportunities to be as we head into 2026.

We discuss the United States tech M&A market and share what we’re seeing, highlighting trends since the new US Administration.