answer text |
<p>The Financial Conduct Authority (FCA) made a commitment to consult on the potential
prohibition of the sale to retail consumers of derivatives referencing certain types
of cryptoassets in the final report of the Cryptoasset Taskforce, comprised of HM
Treasury, the Bank of England and the Financial Conduct Authority, in October 2018.</p><p>
</p><p>The final decision on this consultation is a matter for the Financial Conduct
Authority (FCA), which is operationally independent from government.</p><p> </p><p>The
government continues to endorse the approach set out in that the Cryptoasset Taskforce
report as the right way to facilitate innovation while protecting consumers and firms.</p>
|
|