Written Question·Treasury·UIN 105914

Cryptocurrencies

Tabled: 14 January 2026
Answered: 21 January 2026

Question

Charlie Dewhirst

ConservativeBridlington and The Wolds

To ask the Chancellor of the Exchequer, if she will ask the Financial Conduct Authority to make an assessment of the adequacy of the (a) security and (b) stability of monies invested in the Tether cryptocurrency.

Answer

Lucy Rigby
The government recognises that stablecoins stand to drive important innovation in payments and settlement, but like other financial instruments they also have the potential to cause consumer harm, especially if not properly regulated. That is why the UK h...

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