Responses to Consultations Series

This consultation paper responds to the UK Government’s proposal for a future financial services regulatory regime for cryptoassets. Exponential Science outlines key considerations for defining cryptoassets, addressing market abuse risks, and regulating decentralised finance (DeFi). We advocate for a balanced approach that supports innovation while ensuring consumer protection and financial stability. 

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Download the report to explore our full recommendations and analysis.

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In response to ESMA’s draft guidelines on classifying crypto-assets as financial instruments, Exponential Science offers insights grounded in research on DeFi, NFTs, and hybrid assets. The document addresses the complexities of defining financial instruments in a rapidly evolving landscape and highlights the importance of adaptable, technology-aware regulation. This contribution is intended to support thoughtful policymaking amid emerging innovation. 

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Download the report to explore our analysis and recommendations in full.

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In response to ESMA’s draft guidelines on reverse solicitation under the Markets in Crypto-Assets Regulation (MiCA), Exponential Science offers insights to help refine the proposed approach. The document explores key technical and regulatory challenges, aiming to support a regime that protects consumers while accommodating innovation. 

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Download the report to read our full perspective on this evolving regulatory issue.

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