Written Question·Treasury·UIN 81256
Cryptocurrencies
Tabled: 13 October 2025
Answered: 17 October 2025
Question
Jon Trickett
Labour — Normanton and Hemsworth
To ask the Chancellor of the Exchequer, what discussions she has had with the Bank of England on the use and reliability of stablecoin in the last 12 months.
Answer
Lucy RigbyThe Treasury and Bank of England are maintaining a close and ongoing dialogue on the legal and regulatory treatment of stablecoins in support of the Government's objective to make the UK a global destination for digital assets.