Wealth & Investing
London, United Kingdom
Investments and Asset Management
Legal Advisory Services
DescriptionSam Robinson, a partner in CMS’s financial services regulatory practice, has been stalking the FCA as it moves nearer clarity on cryptocurrency derivatives and their regulatory status under MiFID II. As much of the hype around crypto begins to settle and the UK’s top regulator and central bank concern themselves with what comes next, CMS is awake to what it describes as ‘an ever-increasing interest taken by markets and regulators globally in the sale and marketing of cryptocurrencies’. While crypto is unregulated, volatile, vulnerable to cyber attack and unclassifiable, HNWs remain justifiably suspicious. But with regulators moving in, curiosity will inevitably pique.
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