Written Question·Treasury·UIN 98263

Cryptocurrencies: Regulation

Tabled: 8 December 2025
Answered: 12 December 2025

Question

Callum Anderson

LabourBuckingham and Bletchley

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of the regulatory approach on investor adoption of pound sterling based stablecoins.

Answer

Lucy Rigby
The government is committed to making the UK a global hub for digital assets. It recognises the huge potential posed by tokenised asset innovation, and for stablecoins to support innovation in both retail payments and wholesale settlement. That is why the...

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