Written question asked by Grant Shapps (Conservative) on Monday, 20 March 2017, in the House of Commons. It was due for an answer on Thursday, 23 March 2017 (named day). It was answered by Simon Kirby (Conservative) on Thursday, 23 March 2017 on behalf of the Treasury.
Cryptocurrencies and Distributed Ledger Technology: Regulation
- Question
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To ask Mr Chancellor of the Exchequer, what plans he has to regulate distributed ledger technology and cryptocurrencies in the current Parliament.
- Answer
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We are currently negotiating amendments to the Fourth Anti-Money Laundering Directive. These amendments will extend the scope of Directive (EU) 2015/849 to include virtual currency exchange platforms and custodian wallet providers, which will enable competent authorities to ensure virtual currency networks are mitigating the risks regarding money laundering and terrorist financing. There are no current plans to regulate distributed ledger technology.
Secondary information
- Type
- Written question
- Reference
- 68581
- Session
- 2016-17
- Subjects
- Regulation Cryptocurrencies Distributed ledger technology
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2019-05-24 10:56:53 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2016-17/68581
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