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.
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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