VerbatimParliament, as it happens

Digital Assets: Foreign Investment in UK

Asked by Mark GarnierConservativeTreasuryTabled Answered 11 December 2024UIN 17793

The question

To ask the Chancellor of the Exchequer, what steps the Government is taking to promote the UK as a place for international investment in digital assets.

Answered by Tulip Siddiq

The government is taking a range of steps to promote digital asset adoption. This includes initiatives such as the recently announced Digital Gilt Instrument, or DIGIT, and the new Digital Securities Sandbox, which opened in September.

Innovation and technology is also one of our five core policy pillars in our Financial Services Growth and Competitiveness strategy, which forms part of the government’s wider industrial strategy.

Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →

Open this question in Verbatim →

Every written question, searchable

155,000 questions tabled since the election, with the answer each department gave — and the ones still unanswered, with the clock running. Free to search.

Search written questions →Read on Verbatim