For years, the stablecoin market has been a dollar story. Of the $305 billion in stablecoins in circulation as of January 2026, over 99% are denominated in US dollars. That asymmetry is not just a currency statistic — it is a structural risk for European financial markets, a competitive disadvantage for EU-based institutions, and a potential sovereignty problem for European regulators. A consortium of twelve of Europe's largest banks just decided to do something about it

On 21 April 2026, Atkins told an industry audience that the SEC was "on the cusp" of releasing a framework that would allow tokenised securities to trade directly on blockchain networks for the first time under formal regulatory cover. For an industry that has operated in legal grey areas for years, that statement represents a significant shift in the regulatory weather.

HM Treasury unveiled a comprehensive payment services regulatory integration plan on 21 April 2026 — during UK Fintech Week — designed to bring stablecoins, tokenised bank deposits, and conventional electronic payments under one coherent legal roof. The package proposes new legislation to reduce administrative burdens for firms seeking to provide stablecoin payment services, whilst expanding the FCA's regulatory powers over Open Banking developments.

The tokenisation of real-world assets (RWA) is often associated with the dry mechanics of private credit, real estate, and treasuries. But on 21 April 2026, Novarra — a global institutional tokenisation platform — announced an expansion that brings the technology into a much more narrative-driven arena: professional sports. The company is launching a dedicated infrastructure to enable the tokenisation of future revenue streams for athletes, sports organisations, and collegiat

This month, something changed. Republic Europe — formerly known as Seedrs, one of the UK's most established equity crowdfunding platforms, has partnered with the London Stock Exchange to offer access to PISCES: the Private Intermittent Securities and Capital Exchange System. It is a clunky acronym for something genuinely significant.

The FCA regulates financial markets and firms to ensure integrity, protect consumers, and promote competition. Equity tokens, representing ownership in a company, often fall within the FCA’s remit as they can be classified as securities. This classification triggers specific regulatory requirements. The FCA’s approach to equity tokenisation is grounded in existing securities law, adapted to the digital context. Tokenised shares must comply with the same rules as traditiona

Digital Plumbing evolving The debate about whether tokenisation works has largely been settled. The harder question, the one that will define the next two years, is whether the financial system's underlying infrastructure can support a transition from carefully managed pilots to genuine production scale. From Proof of Concept to Production Problem 2025 was, by most measures, the year institutional tokenisation stopped being theoretical. The EU's MiCA framework became operat

On 15 December 2025, HM Treasury laid the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2025 before Parliament, formally bringing a wide range of cryptoasset activities inside the FSMA regulatory perimeter. The instrument was subsequently published as SI 2026/102 in February 2026. The following day, the FCA published three consultation papers setting out its proposed rules across conduct and organisational requirements (CP25/40), admissions, disclosures a

Understanding Token Ownership in Digital Equity: Insights from the UKJT Report. Tokenised equity is reshaping how companies raise capital and how investors hold shares. Yet, a pressing question remains: if something goes wrong, who actually owns the token? This article explores the key insights from that report and what founders and investors need to understand about token ownership under English law.

The UK Jurisdiction Taskforce has published its Report on Control of Digital Assets, and while it may not attract mainstream attention, it represents a meaningful step forward in how digital assets are understood within English law.

the US Securities and Exchange Commission and the Commodity Futures Trading Commission issued joint guidance that the digital assets industry has been waiting over a decade for. For the first time, the SEC formally defined different types of crypto assets and how the regulator will approach them — ending years of enforcement-by-litigation and replacing it with a clear taxonomy.

Creating the token is the easy part. Getting it into investors’ hands is where the regulation lives. If you are a founder exploring tokenisation, one of the first questions you will ask is whether you are allowed to do it. The short answer is yes. But the fuller answer depends on what exactly you mean by “do it.” Tokenising your own equity, creating a digital token that represents shares in your company, is not, in itself, a heavily regulated act. It is broadly comparable to

At the Tokenisation Summit back in January 2026, Sasha Mills of the Bank of England outlined a clear priority for the coming year: building the foundations for the next generation of digital financial infrastructure. Her speech focused on three areas that will shape the UK’s approach to digital markets: regulated stablecoins tokenised collateral expansion of the Digital Securities Sandbox

At the Tokenisation Summit back in January 2026, Sasha Mills of the Bank of England outlined a clear priority for the coming year: building the foundations for the next generation of digital financial infrastructure. Her speech focused on three areas that will shape the UK’s approach to digital markets: regulated stablecoins tokenised collateral expansion of the Digital Securities Sandbox

Tokenisation is increasingly being discussed as a new way for startups to raise capital. By representing ownership rights digitally on blockchain infrastructure, investments could potentially become easier to manage, faster to settle and more accessible to a wider pool of investors. In our experience, for many founders however, the first questions are not technical. They are practical.

A clear guide to Understanding European Equity Token Rules at a time equity tokens are transforming how startups raise capital and how investors participate in ownership. Before diving into this world, it’s crucial to understand the European equity token rules that govern these digital assets. These rules ensure transparency, protect investors, and create a fair market environment.