The Financial Conduct Authority (FCA) is currently consulting on guidance for cryptoassets to provide 'regulatory clarity' for the market.
Cryptoassets like Bitcoin, and the underlying Distributed Ledger Technology (DLT) such as blockchain, are developing quickly. The FCA states that participants need to be clear on where they are conducting activities that fall within the scope of the FCA's regulatory remit. This consultation could also mean that we are about to see a proper workable set of regulations put in place that could introduce cryptocurrency investment to the traditional regulated investment world. Bitcoin, gold and the cash crash At present, it is still very much the Wild West, but last year's price coll...
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