UK FCA releases consultation paper on crypto assets

Today, January 23rd 2019, the UK Financial Conduct Authority (FCA) published a consultation paper titled “Guidance on Cryptoassets”. In the 50-page document, the financial regulator offered “guidance for crypto assets in order to provide regulatory clarity for market participants carrying on activities in this space.” The paper carries important implications for firms issuing or creating crypto assets, financial advisers, exchanges and consumers. The FCA is accepting feed