FCA Launches Discussion on Distributed Ledger Technology

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UK regulator calls for submissions on potential uses, risks and benefits of distributed ledger technology in the financial services sector.

The Financial Conduct Authority (FCA) published a Discussion Paper (DP17/3) on 10 April 2017 to start a dialogue about the potential uses of distributed ledger technology (DLT) in the financial services sector. The FCA has called for submissions, by 17 July 2017, on 17 different questions about DLT; including topics such as security, financial crime, “smart” contracts and digital currencies.

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