Partner Nick Barnard comments in Law360 on government plans to implement the new regime for crypto-assets and stablecoins. It is set to consult on draft legislation in early 2025.
The government and the FCA may hope to satisfy the future appetite for crypto by encouraging new centralised products and services, which will fall more easily into its regulatory reach, Nick says, rather than reducing restrictions on consumer access to existing crypto businesses.
You can read the full article on Law360.
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