Cryptocurrencies
2026-05-17 · Treasury · 2120 · Official question
Question
To ask the Chancellor of the Exchequer, whether financial institutions handling Tether cryptocurrency are regulated in the UK.
Answer
The Government legislated in February of this year to establish a financial services regulatory regime for cryptoassets, requiring firms to be authorised by the Financial Conduct Authority for providing relevant cryptoasset services in or to the UK. This ...