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UK sets out plan to regulate cryptoassets

February 3, 2023

 The UK government is proposing regulation of a broad suite of cryptoasset activities, consistent with its approach to traditional finance, a press release said.

"These proposals will place responsibility on crypto trading venues for defining the detailed content requirements for admission and disclosure documents — ensuring crypto exchanges have fair and robust standards," the release said.

An 82-page consultation paper invites stakeholders to provide responses to questions and to share their views on the proposed approach to regulating cryptoassets.

The consultation will close on 30 April, and comments can be submitted to This email address is being protected from spambots. You need JavaScript enabled to view it..

[Financial Management magazine]

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