The FCA has published a Feedback Statement on Distributed Ledger Technology, setting out its views and proposed next steps.
Key Points:
..Respondents to the FCA’s initial Discussion Paper were supportive of the FCA maintaining its “technology neutral” approach to regulation.
..Some issues were raised about the compatibility of new solutions with the existing regulatory framework, but the FCA is of the view that no regulatory change is required at present.
Please see full publication below for more information.