Skip to main content

Written question asked by Jim Shannon (Democratic Unionist Party) on Tuesday, 9 June 2026, in the House of Commons. It was due for an answer on Thursday, 11 June 2026. It was answered by Rachel Blake (Labour) on Wednesday, 17 June 2026 on behalf of the Treasury.


Distributed Ledger Technology: Economic Situation

Question

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential economic impact of blockchain and distributed ledger technologies in the UK.

Answer

The Government recognises that distributed ledger technologies have the potential to transform financial markets in support of economic growth. The Government has a stated ambition to make the UK a global destination for digital assets, and is taking forward significant reforms in capital markets, payments, and cryptoasset regulation to support blockchain innovation in financial services.


Secondary information

Type
Written question
Reference
8040
Session
2026-27
Transferred
Yes
Subjects
Economic situation Distributed ledger technology
Link
View this Written question on www.parliament.uk