UK's Cryptoassets Task Force Delivers Latest Report – Consultations Pending But No Bans Yet

November 20, 2018

Introduction

On October 30, the UK’s Cryptoassets Taskforce consisting of the Bank of England, the Financial Conduct Authority and HM Treasury published its final report on the UK regulation of cryptoassets (the “Report”).The Report sets out the Taskforce’s view on the existing UK regulatory perimeter in respect of cryptoassets; an overview of the risks and benefits posed by cryptoassets; and a discussion of the benefits of distributed ledger technology (“DLT”). 

Read: UK's cryptoassets task force delivers latest report - consultations pending but no bans yet