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Cryptoassets: Regulation

Asked by Mr Gregory CampbellDemocratic Unionist PartyTreasuryTabled Answered 17 January 2025UIN 23721

The question

To ask the Chancellor of the Exchequer, whether she has plans for a comprehensive financial services regulatory regime for cryptoassets in the UK.

Answered by Emma Reynolds

On 21 November 2024, the Government confirmed that it will proceed with creating a new financial services regulatory regime for cryptoassets. This regime will be in line with the proposals published by HM Treasury in October 2023.

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