What Financial Services and Markets Act 2023 - Crypto-Asset Regulation Provisions requires
The UK Financial Services and Markets Act 2023 amends existing financial legislation to bring certain crypto-assets and related activities within the UK regulatory perimeter, granting HM Treasury powers under Section 69 to define scope, with an initial focus on fiat-backed stablecoins and the creation of a Financial Market Infrastructure Sandbox.
Pillar: Crypto & Sovereign Finance · Authority: UK Parliament · Version: 1.0.0 · Last updated:
Primary source: https://www.legislation.gov.uk/ukpga/2023/29/contents
SHA-256 integrity: fe242246ebd6ecd4367d9f5c85a0b51030219519e08014b328ab87604090499b
Primary Citations — 7 traced to source
- Financial Services and Markets Act 2023, Section 69 - Power to make provision about cryptoassets
- Financial Services and Markets Act 2023, Schedule 6 - Cryptoassets: amendments
+ 5 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
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