Cryptoassets: Regulation
Commons · Question 50486 · Tabled 7 May 2025 · Treasury · Official record
Answered 14 May 2025
Question
Asked by Mark Garnier
To ask the Chancellor of the Exchequer, what assessment she has made of the readiness of the Financial Conduct Authority to (a) implement and (b) enforce the proposed regulatory regime for cryptoassets by the proposed commencement date.
Answer
Answered by Emma Reynolds, 14 May 2025
HM Treasury has engaged closely with the Financial Conduct Authority in developing the future financial services regulatory regime for cryptoassets and the FCA published its discussion paper shortly after HM Treasury published its draft legislation. The F...