The FCA has today published its Final Guidance on how the existing regulatory perimeter applies to cryptoassets - this provides welcome clarity and we await the results of the Treasury consultation into whether more regulation is required in this area. The regulatory perimeter only tends to move one way...

Whether this welcome clarity will itself help consumers to understand the risks associated with these assets (in legitimate cases) or identify potential scams is another question - more action may be required to shift the needle in that area but this is a welcome start.