Financial Services: Regulation
(asked on 16th September 2015) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what plans he has to bring forward legislation to regulate (a) digital currencies, (b) crowdfunding and (c) peer-to-peer lending.
This question was answered on 12th October 2015
At the March Budget, the Government said it would consult on how to regulate digital currency exchanges in the new Parliament.
Operating a P2P platform has been an activity regulated by the Financial Conduct Authority (FCA) since 2014. Crowdfunding is also a Regulated Activity and is subject to FCA rules.