HM Treasury has launched a consultation on proposals to introduce a new regulatory regime to strengthen the rules for crypto trading platforms.
The consultation closes on 30 April 2023.
- Open consultation – Future financial services regulatory regime for cryptoassets
- Press release – UK sets out plans to regulate crypto and protect consumers
- Previous consultation outcome – Cryptoasset promotions.
Related content from Claritax Books
In Cryptocurrency and Other Digital Assets – Tax Law and Practice, by Andy Wood, the author explores how established principles of UK taxation (e.g. trading or investment, the nature of income, the location of assets, tax reliefs) are properly applied to the fast-moving crypto world.