Cryptocurrencies
Commons · Question 51116 · Tabled 9 May 2025 · Treasury · Official record
Answered 14 May 2025
Question
Asked by Mark Garnier
To ask the Chancellor of the Exchequer, whether qualifying stablecoin issuers will be subject to (a) capital and (b) liquidity requirements under the provisions in the draft Financial Services and Markets Act 2000 (Regulated Activities and Miscellaneous P
Answer
Answered by Emma Reynolds, 14 May 2025
The Government’s forthcoming regime for cryptoassets will provide the Financial Conduct Authority with the necessary powers for effective regulation of cryptoassets, including the ability to set prudential capital and liquidity requirements for UK stablec...