UK Cryptoasset Taskforce sets out UK approach to cryptoassets and DLT

The Cryptoasset Taskforce has published a report on the UK's policy and regulatory approach to distributed ledger technology (DLT) and cryptoassets, setting out some of the risks and opportunities they present and outlining the way forward in respect of regulation.

First announced in March as part of the UK's FinTech Sector Strategy, the Cryptoasset Taskforce consists of the Financial Conduct Authority (FCA), HM Treasury and the Bank of England (BoE) and is tasked with developing an approach to cryptoassets and DLT.

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