Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what steps his Department is taking to engage with the digital currency industry.

As announced in the Fintech sector strategy in March, the government is establishing a Cryptoassets Taskforce to explore further the risks of cryptoassets and the potential benefits of the underlying distributed ledger technology in financial services, as well as to assess the future response of the appropriate authorities, including around regulation.

The Task Force itself will be made up of the government and the financial regulators. The government welcomes and will take into consideration the views of the digital currency industry. As part of this work, officials have begun and will continue to engage with industry.

Details of ministerial and permanent secretary meetings with external organisations are also published on a quarterly basis and are available at:

https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel