Digital Assets
Commons · Question 25996 · Tabled 1 Sep 2026 · Treasury · Official record
Answered 4 Sep 2026
Question
Asked by Mark Garnier
To ask the Chancellor of the Exchequer, whether the Government plans to use the powers in the Financial Services and Markets Bill 2026 to establish a mutual recognition framework for digital assets, including stablecoins, to support the UK's competitivene
Answer
Answered by Lucy Rigby, 4 Sep 2026
The Government acknowledges the potential benefits of recognising compatible jurisdictions’ regulatory regimes, including promoting growth and competitiveness by supporting cross-border activity.The Financial Services and Markets Bill will enable HM Treas...