Supporting Growth with Digital Finance

1.1 Do respondents agree with the proposed change to the definition of virtual asset service provision in the Law? And the consequential repeal of the exemption contained in the s.40 Notice of disapplication?

1.2 Do respondents agree with the proposed changes to the rules? If not, are other changes required? Do respondents agree that the rule restricting the offer of services to wholesale and institutional customers should be removed? What do respondents consider to be the appropriate consumer safeguards and protections for VASP activity in respect of retail customers?

1.3 Do respondents agree with the changes to the guidance on the definition of virtual assets? Are there any other changes suggested which would remove ambiguity or further improve clarity?

1.4 Are respondents content that s.10.3 of the LCF rules, the VASP specific environmental declaration, should be deleted?

1.5 Is the clarification of the guidance in respect of mining and validation activities helpful? If not, what other guidance would be suggested?

1.6 Is the clarification of the position in respect of advice on Virtual Assets helpful? If not, what additional guidance would be helpful?