Ex-Copper Executive Launches Startup to Tackle UK Crypto Rules

Carly Nuzbach Lowery, the former chief legal officer of UK crypto custodian Copper Technologies Ltd., has started a new company which will help crypto firms deal with tougher new rules on marketing their services in the UK.

Gateway 21 Ltd., which is seeking approval from the Financial Conduct Authority to arrange investment deals, will be able to approve crypto companies’ financial promotions once it becomes an authorized firm, Lowery said in an interview.

From Oct. 8 the UK’s regime on financial promotions will be expanded to include cryptoasset service providers, meaning businesses offering digital-asset services into the UK will ...