Guidance on Cryptoassets PS19-22

In CP 19/3 the FCA set out its position on cryptoassets in relation to the regulatory perimeter. The Guidance aims to give market participants and interested stakeholders clarity on the types of cryptoassets that fall within the FCA’s regulatory remit and the resulting obligations on firms (in this paper, firms means market participants rather than ‘authorised persons’) and regulatory protections for consumers. It also provides information on those cryptoassets that are outside our perimeter, and what this means for firms and consumers.