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Treasury committee calls for regulation of ICOs

The most likely 'quick fix' to this recommendation will be the addition of new classes of investment to the Regulated Activities Order. It will be interesting to see how the issue of 'utility tokens' will be brought within the scope of regulated activities without encroaching on other forms of reward based crowdfunding. 

Bitcoin and other cryptocurrencies are “wild west” assets that expose investors to a litany of risks and are in urgent need of regulation, MPs on the Treasury select committee have said.”