The Payments Association welcomes the opportunity to contribute to the FCA CP 25/42 “A
prudential regime for cryptoasset firms”.
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-Ricchi, our Vice President, Policy & Government Relations, and Policy Advisor
Robert Courtneidge with assistance from law firm and member Travers Smith. 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.
