The FCA has launched a consultation on their proposal to extend the scope of the annual financial crime report to include all cryptoasset exchange and custodian wallet providers.

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The UK's two government proposals aim to extend and amend the UK's regulatory framework for financial promotions, with a significant impact on the cryptoasset industry.

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The UK is seeking to impose a new industry crime levy to tackle money laundering risk. Read our selective response to the consultation to see how this may impact you.

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On Thursday 24 September 2020 the European Commission adopted its Digital Finance Package, which includes two strategies and a set of proposed new legislation. This ambitious package will significantly impact crypto-assets and related activities.

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