‘Further Steps towards the Regulation of Cryptoassets in the UK’

“HM Treasury (HMT) recently published its ‘Cryptoasset promotions: Consultation response’ to its July 2020 consultation paper on cryptoasset promotions. The Financial Conduct Authority also published its own consultation paper with special provisions for cryptoassets. In the response, HMT confirmed its intention to reform the law on the promotion of cryptoassets. HMT plans to make the reform through secondary legislation that expands the scope of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (Financial Promotion Order) to include ‘qualifying cryptoassets’ …” (more)

[Andrew Henderson, Oxford Business Law Blog, 16 February]

First posted 2022-02-16 12:05:07

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