UK Watchdog Concerned over Blockchain Bandits

FCA competition chief warns that regulators may face old problems with new technology.

nodes blockchain distributed ledger
Getty Images

Regulators are increasingly being challenged on how to prevent market abuse transferring into areas like blockchain and distributed-ledger technology (DLT), as the system begins to take hold in financial markets.

“This is not a question of us seeing necessarily new issues created by DLT,” said Chris Woolard, director of strategy and competition, and an executive board member at the UK’s Financial Conduct Authority (FCA). “It is more about existing issues that we see in other markets where there

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: