Miscellaneous Cryptoassets Clarifying the scope of the Regulated Activities Order (RAO)
Under the FSMA framework, HM Treasury determines which activities are regulated activities, by specifying activities to be regulated in the RAO.
	Section 69(3) amends the definition of "investment" contained in section 22(4) of FSMA 2000 to clarify that this includes where an asset, right or interest is, or comprises or represents, a cryptoasset.