Mentions:
1: Peter Grant (SNP - Glenrothes) of digital settlement assets or cryptocurrencies and on access to cash—we would have welcomed them several - Speech Link
2: Abena Oppong-Asare (LAB - Erith and Thamesmead) of cryptocurrencies. - Speech Link
Mentions:
1: Alexander Stafford (CON - Rother Valley) As well as educating the public, we must rethink the regulator’s approach to cryptocurrencies. - Speech Link
2: Jim Shannon (DUP - Strangford) However, there is a link between cryptocurrencies and organised crime. - Speech Link
3: Richard Fuller (CON - North East Bedfordshire) So-called cryptocurrencies are the most well-known cryptoassets today. - Speech Link
Mentions:
1: Lord Davidson of Glen Clova (LAB - Life peer) Cryptocurrencies are characterised by opacity, volatility, lack of intrinsic value and bare regulation - Speech Link
2: Baroness Wheatcroft (CB - Life peer) My Lords, as the Minister has already said, derivatives of cryptocurrencies are regulated. - Speech Link
Mentions:
1: Tulip Siddiq (LAB - Hampstead and Kilburn) First, on the regulations on cryptoasset firms, I welcome regulation 5, which requires cryptoasset firms - Speech Link
2: Richard Fuller (CON - North East Bedfordshire) I will also get back to her on regulation 10.On the bank account portal, the issue is that the UK has - Speech Link
Mentions:
1: Kevin Hollinrake (CON - Thirsk and Malton) We have strong regulation in some areas and very weak regulation in others, particularly on offshore - Speech Link
2: Margaret Hodge (LAB - Barking) We need smart regulation, much greater transparency, proper accountability and enforcement. - Speech Link
3: Margaret Hodge (LAB - Barking) I gave my usual comment about “hopeless, lax regulation” and did not think twice about it. - Speech Link
4: Jim Shannon (DUP - Strangford) In my intervention I referred to regulation for domestic customers, which is clearly there. - Speech Link
5: Alison Thewliss (SNP - Glasgow Central) Members for Thirsk and Malton and for Strangford (Jim Shannon) both mentioned crypto-exchanges and cryptocurrencies - Speech Link
Mentions:
1: Baroness Hayman (CB - Life peer) As a country, we are good at regulation in these innovative situations, and we ought to pursue that.The - Speech Link
2: Lord Hunt of Wirral (CON - Life peer) The system of regulation created in the wake of the 2008 financial crisis is not fit for purpose and - Speech Link
3: Baroness Noakes (CON - Life peer) That means fewer regulators, fewer regulations and less invasive regulation. - Speech Link
4: Lord Altrincham (CON - Excepted Hereditary) There is no challenge to this at the moment until we rebalance regulation. - Speech Link
5: Lord McNicol of West Kilbride (LAB - Life peer) of emerging markets such as those relating to cryptocurrencies—but I fear it will not. - Speech Link
Mentions:
1: None decentralised finance—the means by which those who are trading or seeking to circumvent sanctions using cryptocurrencies—can - Speech Link
2: Lord Sharpe of Epsom (CON - Life peer) questions that I cannot answer, and I will live to regret it.The noble Lord also brought up the subject of cryptocurrencies - Speech Link
Mentions:
1: Lord Vaux of Harrowden (CB - Excepted Hereditary) Is this something which the Government could consider, even if it is in later regulation? - Speech Link
2: Lord Clement-Jones (LDEM - Life peer) by the Solicitors Regulation Authority and the Institute of Chartered Accountants in England and Wales - Speech Link
3: Baroness Kramer (LDEM - Life peer) I know that the Government are going to be looking at cryptocurrencies, which I have been very concerned - Speech Link
4: Lord Callanan (CON - Life peer) Clause 32 of the Bill allows the Secretary of State to amend by regulation the new Schedule 8A measures - Speech Link
5: Lord Fox (LDEM - Life peer) She is right that regulation has to be fit for purpose and that there should be reviews, and I welcome - Speech Link
Mentions:
1: Baroness Kramer (LDEM - Life peer) It must, as she said, deal with Companies House, limited partnerships and cryptocurrencies, which I am - Speech Link
2: Baroness Bennett of Manor Castle (GRN - Life peer) proclaiming with apparent pride that the UK had“unwavering commitment to high-quality, agile and responsive regulation - Speech Link
3: Lord Clement-Jones (LDEM - Life peer) The Prime Minister seems to think that regulation by the Solicitors Regulation Authority is a sufficient - Speech Link
4: Lord Callanan (CON - Life peer) enable us to tackle the small minority of complicit professional enablers.In addition, the Solicitors Regulation - Speech Link
Mentions:
1: Yvette Cooper (LAB - Normanton, Pontefract and Castleford) We need to ensure that it has action on enablers and on cryptocurrencies, too.We will need more action - Speech Link
2: Yvette Cooper (LAB - Normanton, Pontefract and Castleford) We need action on transparency, on regulation, on enforcement and on accountability—too many areas where - Speech Link
3: Andy Slaughter (LAB - Hammersmith) That brings us on to another point that is absent from the Bill: regulation and enforcement. - Speech Link
4: Jim Shannon (DUP - Strangford) Member for West Suffolk (Matt Hancock) mentioned cryptocurrencies. - Speech Link