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Cryptoassets Taskforce: Report Indicates Path Forward for UK’s Cryptoasset and DLT Approach

In light of rapid developments in the market, the substantial potential of applications of distributed ledger technology (DLT), and growing evidence of the risks associated with cryptoassets; the Chancellor of the Exchequer launched the Cryptoassets Taskforce, comprising HM Treasury (HMT), the Financial Conduct Authority (FCA) and the Bank of England (BoE), in March 2018 as … Continue Reading

A step towards UK crypto-asset regulation? Treasury Committee Report finds current status “clearly not sustainable”

Last month, the House of Commons Treasury Committee published its report on crypto-assets. The report expresses serious concerns about the risks of consumer harm and financial crime and calls for regulation “as a matter of urgency“.… Continue Reading
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