Written question asked by Mark Garnier (Conservative) on Tuesday, 1 September 2026, in the House of Commons. It was due for an answer on Monday, 7 September 2026 (named day). It was answered by Lucy Rigby (Labour) on Monday, 7 September 2026 on behalf of the Treasury.
Cryptoassets
- Question
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To ask the Chancellor of the Exchequer, whether he plans to update the Financial Collateral Arrangements (No. 2) Regulations 2003 to ensure that tokenised assets receive the same legal treatment as traditional counterparts.
- Answer
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It is important that our legal framework supports digital innovation. As set out in the Wholesale Financial Markets Digital Strategy, the government is committed to providing legal clarity where it is needed.
We are engaging with the sector to understand what barriers to tokenisation exist in law. The regulators are also seeking to provide clarity to support the equivalent treatment of tokenised and non-tokenised assets, both prudentially and as eligible collateral where risks are comparable.
Secondary information
- Type
- Written question
- Reference
- 25995
- Session
- 2026-27
- Subjects
- Cryptoassets
- Legislation
- Financial Collateral Arrangements (No.2) Regulations 2003
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-09-07 15:02:30 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/25995
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/25995
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/25995