Policy & Consultation Work

Bitcoin Policy UK · Archive

This archive brings together Bitcoin Policy UK submissions, consultation responses, research and policy work across taxation, banking access, self custody, stablecoins, privacy and regulation.

This policy archive sits alongside Susie Violet Ward’s reporting on Bitcoin regulation, taxation, privacy and financial surveillance.

10 ITEMS · NEWEST FIRST

29 September 2026 · Bank of England and FCA
Response on joint regulation of systemic stablecoin issuers

Published by Bitcoin Policy UK

[ STABLECOINS · UK REGULATION · SELF CUSTODY ]

Supports a coordinated regime for systemic stablecoins, but asks the Bank of England and the FCA to name a lead authority for each shared area and to send single joint information requests. It also asks that open source protocols, non-custodial wallets, nodes and Lightning routing are kept out of systemic recognition.
Read the summary on pressfilesREAD SUMMARY → Read the response (PDF)BITCOINPOLICY.UK → BPUK blog summary: BPUK Calls for a Clear Route Through Stablecoin RegulationBITCOINPOLICY.UK →
17 September 2026 · Bank of England
Response on the Stablecoins Code of Practice

Published by Bitcoin Policy UK

[ STABLECOINS · UK REGULATION ]

Supports the move from 60/40 to 70/30 backing and a temporary issuance guardrail in place of per-coin holding limits. It warns that the Code holds private stablecoin issuers to a stricter standard than other forms of private money and could favour larger firms.
Read the summary on pressfilesREAD SUMMARY → Read the response (PDF)BITCOINPOLICY.UK → BPUK blog summary: Our Ask to BoE on Stablecoins: Regulate the Risk, Not the ModelBITCOINPOLICY.UK →
2 September 2026 · HMRC
Response on draft legislation for cryptoasset loans and liquidity pools

Published by Bitcoin Policy UK

[ BITCOIN TAX · CAPITAL GAINS TAX · LENDING ]

Supports “no gain, no loss” tax treatment for qualifying lending and liquidity pools. It flags conditions that could exclude ordinary Bitcoin loans, a tax charge on forfeited collateral, and the need to treat native Bitcoin separately from wrapped BTC.
Read the summary on pressfilesREAD SUMMARY → Read the response (PDF)BITCOINPOLICY.UK → BPUK blog summary: Bitcoin Lending Tax Consultation: What We Told HMRCBITCOINPOLICY.UK →
17 August 2026 · Crypto and Digital Assets All-Party Parliamentary Group
Submission to the APPG inquiry into access to banking services

Published by Bitcoin Policy UK

[ BANKING ACCESS · DEBANKING · PARLIAMENT ]

Argues that blanket bank restrictions still hit lawful Bitcoin activity almost three years after Bitcoin Policy UK first raised them with the City Minister. It calls for individual risk-based assessment, transparency and appeal rights, and separate treatment of Bitcoin.
Read the summary on pressfilesREAD SUMMARY → Read the submission (PDF)BITCOINPOLICY.UK → BPUK blog summary: Bitcoin and Crypto Still Locked Out of BankingBITCOINPOLICY.UK →
6 May 2026 · HMRC
Response to the call for evidence on the taxation of stablecoins

Published by Bitcoin Policy UK

[ BITCOIN TAX · STABLECOINS · CAPITAL GAINS TAX ]

Argues that if stablecoins used for payments receive different tax treatment, the same logic should apply to Bitcoin spent on goods and services. It proposes a capital gains tax exemption for qualifying payments.
Read the summary on pressfilesREAD SUMMARY → Read the response (PDF)BITCOINPOLICY.UK → BPUK blog summary: Why Bitcoin Policy UK Is Calling for Smarter Crypto Tax RulesBITCOINPOLICY.UK →
29 January 2026 · Financial Conduct Authority (FCA)
Response to FCA CP25/40, Regulating Cryptoasset Activities

Published by Bitcoin Policy UK

[ UK REGULATION · SELF CUSTODY ]

Asks the FCA to write a clear distinction between custodial and non-custodial services into its rules, treat Bitcoin as distinct from issuer-driven tokens, limit authorisation rules to firms with a real UK presence, and aim retail protections at the actual causes of harm.
Read the summary on pressfilesREAD SUMMARY → Read the response (PDF)BITCOINPOLICY.UK → BPUK blog summary: Why the FCA's Crypto Framework Risks Failing Consumers and the UKBITCOINPOLICY.UK → Related on pressfiles: Why Bitcoin Shouldn't Be Regulated Like CryptoFORBES · 19 JANUARY 2026 →
1 October 2025 · House of Lords roundtable
Briefing paper for the House of Lords roundtable, 2025 Crypto Industry Parliamentary Summit

Published by Bitcoin Policy UK

[ PARLIAMENT · UK REGULATION ]

Presents Bitcoin as a strategic opportunity for the UK and argues that the FCA's “restricted mass market investment” category drives activity offshore and increases consumer vulnerability.
Read the summary on pressfilesREAD SUMMARY → Read the briefing paper (PDF)BITCOINPOLICY.UK → BPUK blog summary: Bitcoin for the UK: Our Briefing Paper for the House of LordsBITCOINPOLICY.UK → Related on pressfiles: U.K. Financial Conduct Authority Drives Out Business And Hurts ConsumersFORBES · 18 MARCH 2025 →
16 January 2025 · UK government (draft Cryptoasset Service Providers regulations)
Commentary on the Cryptoasset Reporting Framework (CARF) draft regulations

Published by Bitcoin Policy UK

[ PRIVACY & SURVEILLANCE · TAX REPORTING · PHYSICAL SECURITY ]

Comments on the scope and exclusions of the draft regulations and warns that the personal data collection and retention CARF requires creates privacy and personal safety risks that outweigh its compliance benefits.
Read the summary on pressfilesREAD SUMMARY → Read the commentary (PDF)BITCOINPOLICY.UK → Related on pressfiles: Bitcoin Privacy At Risk? CARF And Government OversightFORBES · 24 NOVEMBER 2024 → Related on pressfiles: HMRC's Proposed Crypto Powers Could Increase Physical Security RisksFORBES · 8 OCTOBER 2026 →
August 2024 · UK government, National Grid ESO and GB Energy
UK Power Grid Demand Balance using Bitcoin Mining as a Demand-Side Flexible Response

Published by Bitcoin Policy UK

[ MINING & ENERGY · GRID FLEXIBILITY · CURTAILMENT ]

Argues that Bitcoin mining can act as flexible, interruptible demand that buys surplus renewable power, citing a projected 72 TWh of annual oversupply by 2030. It sets out three ownership models, including National Grid or GB Energy facilities.
Read the summary on pressfilesREAD SUMMARY → Read the paper (PDF)BITCOINPOLICY.UK → Related on pressfiles: Bitcoin Mining Powers Europe's Energy Transition During CrisisFORBES · 16 DECEMBER 2024 →
26 April 2023 · HM Treasury
Response to HM Treasury, future regulatory regime, Part 2

Published by Bitcoin Policy UK

[ MINING & ENERGY · UK REGULATION ]

Explains how energy secures Bitcoin, points to the Cambridge index as the authoritative source on its electricity use, and suggests government incentives for mining's role in renewable grids and methane mitigation.
Read the summary on pressfilesREAD SUMMARY → Read the response (PDF)BITCOINPOLICY.UK → Related on pressfiles: Using landfill for Bitcoin mining - it's a gas, gas, gas!CITY A.M. · 31 JULY 2023 →

More policy work on the Bitcoin Policy UK websiteBITCOINPOLICY.UK/POLICY →Back to Bitcoin Policy UKOVERVIEW →