Digital Assets: Competition
Commons · Question 47629 · Tabled 24 Apr 2025 · Treasury · Official record
Answered 29 Apr 2025
Question
Asked by Andrew Rosindell
To ask the Chancellor of the Exchequer, what steps she is taking with Cabinet colleagues to help ensure that the UK is competitive with overseas jurisdictions in relation to (a) crypto and (b) digital asset regulation.
Answer
Answered by Emma Reynolds, 29 Apr 2025
HM Treasury is proceeding with plans to deliver a new financial services regulatory regime for cryptoassets as soon as practicable this year. This will support UK growth by giving cryptoasset firms the regulatory certainty needed to invest here, and drive...