Towards a bespoke financial regulatory regime for cryptocurrencies
Regulatory responses to cryptocurrencies have been inconsistent around the world, as authorities grapple with both the opportunities and risks they present. In the UK, the Financial Conduct Authority has moved from warnings to a growing crackdown – while also identifying cryptoassets as a focal point for development. Kate Gee chronicles this regulatory balancing act.
Kate Gee is counsel at Signature Litigation, where she acts in complex, high-value, cross-border disputes including civil fraud and asset tracing claims, as well as banking litigation. Contact her on [email protected]
In recent months, we have seen a broad global drive to respond to the increase in crypto fraud, with more stringent regulation
of cryptocurrencies being proposed worldwide. For example: