M
Member
Speaking in the House of Lords on 28 January 2026
Debate
Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2025Contribution
The EU has taken OFAC’s moves to use crypto as a tool of financial coercion far more seriously than the UK has. As everyone will know, the EU is preparing a digital euro to go live in 2029, as its response to this situation. Have the Government engaged with the EU to make sure that our rules enable the UK economy to benefit from that digital euro when it appears or are they still very focused on the US arena and, in essence, a US-defined crypto and stable sector?
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