New FCA Discussion Paper Outlines Future of UK Cryptoasset Regulation
The Financial Conduct Authority (FCA) has released a discussion paper titled “Regulating Cryptoassets: Admissions & Disclosures and Market Abuse Regime for Cryptoassets“, detailing its proposed approach to regulating the growing cryptoasset market. This initiative forms part of a broader effort by the government to introduce a comprehensive financial services regime for cryptoassets, bringing these activities […]
FCA Highlights Rising Crypto Ownership as It Outlines Regulatory Plans
The Financial Conduct Authority (FCA) has unveiled its latest research on consumer attitudes and behaviours towards cryptocurrency, revealing a notable increase in UK crypto ownership. According to the findings, 12% of UK adults now own cryptocurrency, up from 10% in previous years, while awareness of crypto assets has risen slightly from 91% to 93%. This […]
Regulation of Digital Assets in the UK
Source: Financial Conduct Authority (FCA) Speaker: Sarah Pritchard, Executive Director of Markets, and Executive Director of InternationalEvent: City Week 2023Delivered: 25 April 2023Note: This is a drafted speech and may differ from the delivered version Highlights How the bookworm has turned Have you ever noticed how something once alternative or niche suddenly becomes mainstream? Growing up in the 80s and […]