the future of crypto disputes
In recent years, the UK has taken significant strides in reshaping the regulatory landscape for crypto assets. With the aim of striking a balance between innovation and investor protection, the FCA’s latest measures, ranging from financial promotions rules to the expansion of anti-money laundering (“AML”) oversight signal a tougher stance that is already giving rise to legal uncertainty and disputes.
As of 2024, the UK approach, by virtue of the FCA, has shifted from cautious observation to active intervention. The extension of the financial promotions rules to cryptoasset businesses, whether UK-based or overseas, has introduced new friction points. These rules require firms to ensure that all marketing communications are “clear,…
