Last month, HM Treasury released a report on cryptoassets, in which it proposed a new, comprehensive regulatory regime. In this article for Business Reporter, Neil Swift, James Tyler and Michal Chajdukowski review the government’s plans to regulate the crypto sector. They discuss the timings of, and background to, the proposals, what key protections the new […]
Earlier this week, HM Treasury released proposals that would mean that parts of the crypto sector has to follow rules that currently apply to financial institutions, and would include the Financial Conduct Authority having greater oversight of the sector. Across the Channel, the EU is already making great strides in the competition between jurisdictions to […]
The recent spectacular collapse of the FTX exchange has made questions in respect of crypto regulation in the UK (and elsewhere) more pressing. While the government had previously approached the topic with caution, these recent events have contributed to a noticeable shift in gear, including the introduction of a bill bill to bring certain cryptoassets […]
Following the collapse of the FTX exchange, the government’s proposals to regulate cryptoassets has become even more relevant. This article analyses the proposed regulatory changes and their potential impact on market actors involved in the crypto sphere. Proposed amendments HM Treasury and the Financial Conduct Authority (FCA) have indicated that the increase in retail investors’ […]
