Regulation 29 Exclusions: market manipulation
A person (“A”) does not contravene the prohibition in regulation 28 (prohibition of market manipulation) where—
the conduct that would otherwise fall within that regulation is a legitimate cryptoasset market practice, or
A disclosed or disseminated the information for the purposes of journalism.
Paragraph (1)(b) does not apply where—
A, or a person closely associated with A, derived, directly or indirectly an advantage or profits from the disclosure or dissemination, or
A disclosed or disseminated the information with the intention of misleading the market as to the supply of, demand for, or price of a relevant qualifying cryptoasset or related instrument.
For the purposes of paragraph (2)(a), a “person closely associated” has the meaning given by Article 3.1(26) of the market abuse regulation (definitions), as read with section 131AC of the Act.