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Written question asked by Mark Hoban (Conservative) on Thursday, 30 October 2014, in the House of Commons. It was due for an answer on Monday, 3 November 2014. It was answered by Andrea Leadsom (Conservative) on Wednesday, 5 November 2014 on behalf of the Treasury.


Currencies

Question

To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 24 February 2014, to the hon. Member for Vale of Glamorgan, Official Report, column 26W, on Bitcoin, what his policy is on the regulation of Bitcoin derivatives and other securities paired to digital currencies.

Answer

Bitcoin itself is not regulated. However, the UK’s regulatory perimeter in relation to derivatives is wide and would capture Bitcoin and digital currency derivatives that were futures, options or contracts for difference.


Secondary information

Type
Written question
Reference
212665
Session
2014-15
Related items
Bitcoin
Monday, 24 February 2014
Written questions
House of Commons
Subjects
Currencies Bitcoin
Link
View this Written question on www.parliament.uk