Wednesday 23 January 2019

UK: FCA consultation on cryptoasset guidance

The Financial Conduct Authority today published a consultation document containing proposed guidance on cryptoassets and, in particular, the circumstances in which such assets fall within the FCA's regulatory remit: see here (pdf). The document notes (at para. 1.27) that HM Treasury will publish a consultation paper early this year to ask if legislative change is needed to broaden the FCA's regulatory remit in this area.

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