Written Question·Treasury·UIN 47623

Digital Assets: Regulation

Tabled: 24 April 2025

Answered: 2 May 2025

Question

Andrew Rosindell

To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that regulation of the (a) crypto and (b) digital asset sector helps to (i) protect consumers and (ii) foster innovation in the sector.

Answer

Emma Reynolds

On 29 April, HM Treasury published draft legislation for the future financial services regulatory regime for cryptoassets. The Government intends to bring forward final legislation before the end of the year.The Government’s approach seeks to strike the r...

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