New rules which came into force at the start of the year have made it harder for crypto investors to hide their gains from international tax authorities.

Chancellor Rachel Reeves is planning new legislation to support the growth of cryptoassets in the UK and to provide a clearer, more transparent crypto regulatory regime.

The FCA plans to lift its four year ban on offering high-risk crypto exchange traded notes (cETNs) to retail investors.

The FCA is seeking views on the future regulation of specific cryptoasset activities, ahead of legislation to bring them within regulation.