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.
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.
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.
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.