Written Question·Treasury·UIN 19277
Cryptocurrencies
Tabled: 11 December 2024
Answered: 19 December 2024
Question
John Glen
Conservative — Salisbury
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of reviewing the ban on retail derivatives for crypto.
Answer
Tulip SiddiqWhether to allow the sale of cryptoasset derivatives to retail consumers is a matter for the independent Financial Conduct Authority (FCA). The FCA has stated that it considers these products to be ill-suited for retail consumers because they cannot be re...
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