Article preview: How do you feel about cryptocurrency, including Bitcoin or Ether? After being the subject of much press and hype, the world of cryptocurrency speculation has been a lot quieter of late, largely the result of plummeting prices. Despite less in the way of adverts targeting investor and excitable news coverage, financial regulators continue to consider how they might approach cryptocurrency regulation in the future. This is important because consumer protection is at stake; with cryptocurrency offering a decentralised, anonymous and entirely unregulated environment, there’s a significant risk of people losing their shirts when speculating in this market.
Progress on the regulation of crypto assets
This 684 word blog post considers consumer attitudes to and experience of crypto current/asset speculation, based on new research carried out by the Financial Conduct Authority. Includes a comment by Christopher Woolard, the FCA’s Executive Director of Strategy and Competition. Written on 8th March 2019.
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