BoE and FCA to lead new ‘crypto-assets task force’
Regulators will be charged with managing the risks surrounding crypto assets, says chancellor
The Bank of England (BoE) and the Financial Conduct Authority (FCA) will partner the UK Treasury to form a new “crypto-assets task force” to study the financial stability implications of fintech.
Speaking at the government’s annual fintech conference, chancellor of the exchequer Philip Hammond outlined the UK’s new fintech strategy, which will help create an economy “fit for the future”.
“Our ambitious sector strategy sets out how we will ensure the UK remains at the cutting edge of the
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