Question to the HM Treasury:

To ask His Majesty's Government whether they plan to bring forward regulations regarding (1) investment in, and (2) management of, cryptocurrency assets.

The Government intends to bring forward legislation delivering a comprehensive national regulatory framework for cryptoassets by the end of this year and has engaged with industry on draft legislation.

This will support growth in the UK by giving cryptoasset firms the regulatory certainty needed to invest here, and to help drive innovation in our financial services sector.

It will also ensure that UK customers are protected from the worst harms when they make use of cryptoasset services.