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Promoting cryptoassets: Are you ready for D-day?

Photo: Adobe Stock Images

Q&As on the key features of the extended financial promotions regime.

On October 8, 2023 the UK’s financial promotion regime will officially be extended to cover qualifying cryptoassets. Per paragraph 26F of Schedule 1 to the revised Financial Promotion Order (FPO), a qualifying cryptoasset is defined as:

“any cryptographically secured digital representation of value or contractual rights that is transferable and fungible, but