UK regulators reveal 'comprehensive' crypto regulation plans

Sale of crypto-referencing derivatives could be banned

Mike Sheen
clock • 3 min read

UK regulators have laid the groundwork for the regulation of cryptoassets and distributed ledger technology (DLT), such as blockchain, with the publication of a long-awaited report.

The HM Treasury-led Cryptoasset Taskforce report, published on Monday (30 October), focusses on consumer protection concerns linked to the use of cryptocurrencies, but also outlines how regulation could support innovation and competition. BoE eyes crypto regulation By the end of 2018 the taskforce, which is comprised of the Treasury, the Bank of England and the Financial Conduct Authority (FCA), will clarify which cryptocurrencies fall within existing regulatory standards and, for those that do not, where regulatory standards must be extended. Perhaps most significantly, the taskfo...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week