Written questions

Cryptoassets

Commons · Question 25992 · Tabled 1 Sep 2026 · Treasury · Official record

Answered 7 Sep 2026

Question

Asked by Mark Garnier

To ask the Chancellor of the Exchequer, when he expects to review the proposed 40% prudential risk weighting for cryptoassets, including non-UK stablecoins; and what international (a) regulatory developments and (b) market conditions would trigger such a

Answer

Answered by Lucy Rigby, 7 Sep 2026

The Government's objective is to deliver a UK cryptoasset regime that appropriately balances the protection of consumers from detriment with a regulatory environment that supports innovation and growth. The Financial Conduct Authority (FCA), as the indepe...