Tag Archives: CryptoUK

FCA new marketing rules raise concerns on cooling crypto competition

SBC News FCA new marketing rules raise concerns on cooling crypto competition

The Financial Conduct Authority (FCA) has this morning published tough new rules on the marketing of cryptoassets, required to protect UK consumers by clarifying the risk of investing  in digital assets. The new rules on marketing cryptoassets follow extensive FCA research provided to the Government for the consultation on the ‘Future Regulatory Regime for Cryptoassets’. From 8 October 2023, firms …

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Opinion split on Commons Treasury assessment to “treat Crypto like Gambling”

Report: RET levy likely as MPs reappraise White Paper

The House of Commons Treasury Committee has recommended “treating retail investment in cryptocurrencies like gambling”, due to the high volatility of value changes of cryptoassets and potential for consumers to lose their entire investment.  The recommendation forms part of the Committee’s report evaluating the “potential benefits of cryptoassets and their underlying technology value, and the risk of investment in cryptoassets”. …

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Parliament forms research group on crypto and digital assets policy 

SBC News Parliament forms research group on crypto and digital assets policy 

Parliament has established ‘The Crypto and Digital Assets Group‘ to examine the policy and regulation of the Crypto sector within UK business.  The cross-party group will be chaired by SNP member Lisa Cameron (MP for East Kilbride) that will serve as a forum for parliamentarians to be informed and debate on innovations, policy and the future challenges brought by the …

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