OpenLegislation

Regulation 7 Designated activities: public offers of qualifying cryptoassets

Original text. Later amendments are not shown.

The following activities are specified under section 71K of the Act (designated activities) as designated activities for the purposes of that Act—

(a)

offering a qualifying cryptoasset to the public in the United Kingdom;

(b)

communicating an advertisement relating to such an offer of a qualifying cryptoasset to the public in the United Kingdom;

(c)

disclosing, otherwise than in an advertisement, information relating to such an offer of a qualifying cryptoasset to the public in the United Kingdom;

(d)

disclosing to the public in the United Kingdom information relating to a qualifying stablecoin offered to the public in the United Kingdom, where disclosing that information is not an activity within the scope of paragraphs (a), (b) or (c).