In this article, Jeremy Barnett considers the new proposed regulation or crypto assets, looking in detail at the FCA and Bank of England discussion documents. He concludes that the proposed regulation is necessary as he has a healthy skepticism about stablecoins in general and feels strongly that there must be a new mandatory accounting standard that requires compliance with strict reporting requirements so as to protect consumers and the market in general

The full article was written for the Solicitors Journal and is available by clicking here.