Proposed regulatory framework of crypto-assets in the UK: A critical analysis

Author

Aurelio GURREA-MARTINEZ, Singapore Management UniversityFollow

Publication Type

Blog Post

Version

publishedVersion

Publication Date

3-2019

Abstract

On 23 January 2019, the Financial Conduct Authority (FCA) issued a guidance on cryptoassets (FCA-GC) with the purpose of improving and clarifying the regulatory framework of cryptoassets in the United Kingdom. The FCA welcomes comments from the general public. In a response to this guidance, I seek to address two fundamental flaws that I have found in the FGC-GC: (i) the misleading classification of tokens proposed in the guidance; and (ii) the lack of protection of the purchaser of tokens and other stakeholders.

Keywords

Cryptoassets, ICO, investor, protection, tokenholder

Discipline

Business Organizations Law

Research Areas

Corporate, Finance and Securities Law

Publisher

Taylor & Francis (Routledge): SSH Titles - no Open Select

Citation

Aurelio GURREA-MARTINEZ. Proposed regulatory framework of crypto-assets in the UK: A critical analysis. (2019).
Available at: https://ink.library.smu.edu.sg/sol_research/3709

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.