Written Question·Treasury·UIN 72747

Cryptocurrencies: Regulation

Tabled: 29 August 2025

Answered: 4 September 2025

Question

Sarah Hall

To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that cryptocurrency exchanges operating in the UK are subject to clear and robust regulation.

Answer

Emma Reynolds

On 29 April, HM Treasury published draft legislation for the future financial services regulatory regime for cryptoassets. The draft legislation includes a new regulated activity for operating a cryptoasset trading platform, meaning firms carrying on this...

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