# The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, Article 99: Application of section 137B of the Act to safeguarding of qualifying cryptoassets


For the purposes of the FCA making rules in relation to an activity specified by article 9N (safeguarding of qualifying cryptoassets and relevant specified investment cryptoassets) so far as it concerns qualifying cryptoassets, section 137B of the Act (FCA general rules: clients’ money, right to rescind etc) applies as if—
(a) references to “clients’ money” and “money” include a qualifying cryptoasset or any other asset;
(b) references to “accounts” are read as including a reference to wallets or any other form of storing or recording a qualifying cryptoasset.

---
Source: https://www.legislation.gov.uk/uksi/2001/544/article/99 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-order-2001/article-99
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.