The House of Commons Treasury Committee has published its recommendations for the regulation of crypto-assets in the UK.

Key Points:

..The House of Commons Treasury Committee has proposed that the UK government should introduce a new category of regulated activity to the UK financial regulatory regime, relating explicitly to crypto-assets.

..If implemented, the proposal would provide welcome legal certainty as to the application of the UK financial regulatory perimeter to crypto-assets and may help the crypto-asset market mature, potentially paving the way for institutional investment in this nascent but rapidly developing sector.