UKCBC Manifesto for Change 2025: The UKCBC put forward its manifesto for change - detailing an eight stage plan the UK must take to become the epicentre of the blockchain, digital asset and web3 ecosystems. Regulation is only part of the puzzle.
UKCBC report: Locked Out - Debanking the UK Digital Asset Economy: Warns that blanket debanking by UK banks—blocking or limiting crypto transactions regardless of FCA regulation - is stifling growth, investment, and competition, driving firms overseas, and calls on the Government and FCA to enforce risk-based approaches, remove frictions for regulated exchanges, and create forums to secure the UK’s position as a global crypto hub.
Don’t bank on it: The UK Cryptoasset Business Council (UKCBC) co-authored this report, revealing that crypto and Web3 firms in the UK face widespread denial of basic banking services, posing a serious barrier to innovation and growth.
UKCBC report on DeFi: The UKCBC sets out in the report that DeFi can boost efficiency, transparency and competition in UK financial markets by enabling non‑custodial, atomic T+0 settlement and modular financial stacks that free trapped capital. DeFi has three technical layers blockchain, protocol/smart contracts and UI with core characteristics and risks, including smart‑contract vulnerabilities, scams, and regulatory arbitrage. The report urges international alignment on standards and clearer UK tax rules, including a proposed no‑gain/no‑loss treatment for certain DeFi transactions, to reduce uncertainty and support market growth.
UKCBC report: Decentralised Autonomous Organisations (DAOs): This report, produced with assistance from CMS, introduces DAOs as blockchain-based governance systems. It explains their mechanics, history, and applications, highlighting how DAOs embed transparency, shared ownership, and accountability into code. The briefing explores their potential to reshape co-operatives, corporations, and collective finance in the digital economy.