Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department plans to bring forward legislative proposals to implement the cryptoasset regulatory framework.

The Government is committed to fostering a vibrant, competitive, and innovative financial services sector. Last October, the Treasury published detailed proposals for the financial service regulation of cryptoassets and stablecoins. The Government has been reviewing those proposals in detail and will set out details of its policy programme for cryptoassets soon.