Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the keynote address made by the Economic Secretary to the Treasury at the Tokenisation Summit on 25 November 2024, what her timetable is for implementing the proposals on (a) cryptoassets and (b) stablecoins published by her Department in October 2023.

The Government has signalled its intention to engage firms on draft legal provisions for the cryptoasset financial services regulatory regime as early as possible next year.