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Purpose
To review the findings of the Financial Conduct Authority's consumer research on cryptoassets.
Design/methodology/approach
Summarises the FCA's research and draws on other recent cryptoasset papers/announcements.
Findings
The research finds consumers do not understand crytpoassets well, and not many of them buy them; those that do see them as a fast track to wealth.
Practical implications
This research will further inform the approach the FCA eventually takes in clarifying the regulatory perimeter for cryptoassets.
Originality/value
Summary by experts in the field.
© Ashurst LLP
2019
Ashurst LLP
Licensed re-use rights only
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