Parliament debates FPO amendments

The House of Lords has been debating the draft statutory instrument amending the FPO to bring promotions of crypto assets within scope. The proposal, which includes extending appropriate exemptions to crypto-promotions and permitting firms that are MLR registered but not authorised to make their own promotions, met with broad support. The House of Commons also debated it, and agreed it, with some questions around the wider scope of control of crypto related activity.

Emma Radmore