Application of FCA Handbook for Regulated Cryptoasset Activities

The Payments Association welcomes the opportunity to contribute to the FCA Cp 25/25***
“Application of FCA Handbook for Regulated Cryptoasset Activities”.


The community’s response contained in this paper reflects views expressed by our members
and industry experts recommended by them who have been interviewed and who are
referenced below. As The Payment Association’s membership includes a wide range of
companies from across the payments value chain, and diverse viewpoints across all job
roles, this response cannot and does not claim to fully represent the views of all members.


We are grateful to the contributors to this response, which has been drafted by Riccardo
Tordera, our Director of Policy & Government Relations and Robert Courtnedige, Policy
Adviser to the Board. We would also like to express our thanks to the FCA for their
continuing openness in these discussions. We hope it advances our collective efforts to
ensure that the UK’s payments industry continues to be progressive, world-leading, and
secure, and effective at serving the needs of everyone who pays and gets paid.

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