UK: Gov’t Taskforce Proposes Crypto Regulation Changes, Questions Crypto Definition
The U.K. Cryptoassets Taskforce has released a report Oct. 29 that proposes some changes for cryptocurrency regulation and raises concerns over how digital assets are traded and used. Launched in March, the Cryptoassets Taskforce is made up of of the Bank of England ( BOE) and the Financial Conduct Authority (FCA) and is charged to regulate and support crypto technologies.
