Cryptocurrencies

(asked on 21st February 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether his Department plans to issue guidance on the use of crypto-currencies to the general public.


Answered by
John Glen Portrait
John Glen
This question was answered on 28th February 2018

The Government recognises the significant benefits that digital currencies and the related technology could bring, as well as potential challenges. The Government has not made any formal assessment of the potential effect on the economy of cryptocurrencies, but is monitoring the situation.

The Government has no plans at this time to issue guidance on the use of cryptocurrencies.

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