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Sunday, 27 January 2019

FCA Proposes Guidance On CryptoAssets

The FCA is consulting on new guidance as to when cryptoassets would be regulated, along with a new webpage on the topic

The guidance considers when cryptoassets might be specified investments (or out of scope), payment services and/or e-money services - giving context and examples.

Consultation ends on 5 April 2019. 

The Treasury is soon to consult on legislation to extend the FCA's jurisdiction to cover certain cryptoassets; and the FCA aims to publish a policy statement in September, based on its current consultation.


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