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Written question asked by Baroness Kennedy of Cradley (Labour) on Monday, 22 October 2018, in the House of Lords. It was due for an answer on Monday, 5 November 2018. It was answered by Lord Bates (Conservative) on Monday, 5 November 2018 on behalf of the Treasury.


Cryptocurrencies

Question

To ask Her Majesty's Government what steps they are taking to regulate the use and trading of cryptocurrencies.

Answer

The government published the joint HM Treasury – Financial Conduct Authority – Bank of England Cryptoassets Taskforce report on 29 October alongside the Budget.

The report commits the authorities to taking a range of actions to mitigate the risks posed by cryptoassets to consumers and markets, while still allowing innovation to thrive.


Secondary information

Type
Written question
Reference
HL10886
Session
2017-19
Subjects
Regulation Cryptocurrencies
Link
View this Written question on www.parliament.uk