I thank my noble friend for his Answer. The Home Office consultation was a welcome recognition of the gaps in the current statutory framework in this area. I welcome the notion that there will be a development of legislation, particularly the police reform Bill, which covers these important technolo…
LordsOral Questions12 November 20252 contributions
My Lords, the UK is engaged with the US on crypto asset risks through international fora, and we have created a joint UK-US Transatlantic Taskforce for Markets of the Future, for enhanced collaboration on digital assets. The Government are legislating this year for a crypto assets financial services…
I am grateful to my noble and learned friend for his question. The Government’s approach to crypto assets seeks to strike the right balance between giving firms regulatory certainty and ensuring the sector has the space and flexibility to innovate. The Government recognise that our financial stabili…