On 5 March 2026, the Scottish Parliament passed the Digital Assets (Scotland) Bill at Stage 3 by a unanimous vote of 114 for, 0 against, and 0 abstentions, making Scotland the first part of the United Kingdom to legislate expressly that digital assets — including cryptocurrency — constitute property under Scots private law. The Bill now awaits Royal Assent before it becomes an Act of the Scottish Parliament. The Bill's operative provisions confirm that certain digital assets can be objects of...

On 25 February 2026, the Financial Conduct Authority (FCA) announced the selection of four firms — Monee Financial Technologies, ReStabilise, Revolut, and VVTX — to participate in a dedicated stablecoin cohort of its Regulatory Sandbox programme. The action is at the testing stage; it does not constitute authorisation or approval of any stablecoin product. Testing began in Q1 2026, and findings will inform the FCA's final stablecoin policy rules, which the FCA expects to publish later in...

On 28 January 2026, the Financial Conduct Authority (FCA) announced a long-term review into the use of artificial intelligence in retail financial services. The FCA delivered the announcement through a speech by a senior official, framing the review as a multi-year programme to assess how AI deployment by regulated firms affects consumer outcomes, firm risk management, and systemic stability. The review is at an early stage; the FCA has not yet issued a call for input, consultation paper, or...