1 00118601 Emerging themes 2019 A4 AW v31 combined - Page 39



EMERGING THEMES 2019
In a report published last September, the Treasury Committee
branded the crypto sector a “Wild West” that exposed investors
to a litany of risks. A special taskforce consisting of HM Treasury,
the FCA and the Bank of England has since concluded that
strong action is needed to protect consumers and ensure
sustainable growth. With change on the horizon, we survey the
current regulatory landscape and reflect on the UK’s future
approach to the crypto sector.
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