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What an intense week for cryptocurrency regulation in the UK

On Tuesday, April 29, the draft legal instrument to incorporate cryptocurrencies (including stablecoins) into the regulatory framework of financial services in the United Kingdom was published.

As a next step, the Financial Conduct Authority (FCA) has today published a Consultation Document on the regulation of activities related to cryptocurrencies.

So much information to digest and a strong desire to discuss it with our Policy, Legal, and Regulation Working Group, as well as to prepare a response to the public consultation!

$QNT 🚀🚀🚀🚀🚀🚀

🔗 Regulatory regime for cryptocurrencies (regulated activities) – Draft of the legal instrument and policy note:

https://www.gov.uk/government/publications/regulatory-regime-for-cryptoassets-cryptoasset-regulated-activities-draft-statutory-instrument-and-policy-note

🔗 FCA Consultation Document:

https://www.fca.org.uk/publications/discussion-papers/dp24-1-regulating-cryptoasset-activities