Cryptocurrencies
Commons · Question 81045 · Tabled 10 Oct 2025 · Treasury · Official record
Answered 16 Oct 2025
Question
Asked by Gregory Stafford
To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential impact of the Bank of England’s proposed retail holding caps on stablecoins on (a) consumer financial freedoms, (b) the competitiveness of UK fintech an
Answer
Answered by Lucy Rigby, 16 Oct 2025
The Government recognises that facilitating stablecoin innovation is important for UK competitiveness, and continues to engage with the regulators, including the Bank of England, to ensure a coherent regulatory framework that works for businesses and cons...