TOKENIZATION POLICY
The Vanderbilt Terminal for Digital Asset Policy & Regulation
INDEPENDENT INTELLIGENCE FOR TOKENIZATION POLICY, LEGISLATION & POLITICAL ECONOMY
GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91| GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91|

Post-Brexit

FSMA 2023 (Financial Services and Markets Act 2023 — UK)

The UK's primary post-Brexit financial regulatory framework, extending regulated activity status to cryptoasset businesses, establishing FCA authorization requirements, and setting an October 2027 go-live date for the full regime.

Donovan Vanderbilt · February 24, 2026

Nikhil Rathi: The FCA CEO Building the UK's Post-Brexit Crypto Framework

FCA CEO Nikhil Rathi has led the UK's crypto regulatory framework development — from financial promotion rules to the comprehensive FSMA-based regime — while navigating post-Brexit regulatory divergence choices and international coordination.

Donovan Vanderbilt · February 24, 2026 · 7 min read

United Kingdom: Post-Brexit Principles-Based Crypto Regulation

The UK's digital asset policy — Financial Services and Markets Act, FCA crypto rules, stablecoin regime, Law Commission reforms, and the UK's opportunity to diverge from MiCA.

Donovan Vanderbilt · February 24, 2026 · 11 min read
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