Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what progress the Cryptoassets Taskforce is making on its work programme.

The first meeting of the Taskforce was held on May 21^st, and attended by senior leaders from government and the financial regulators, including the Director General of Financial Services at HM Treasury, the Deputy Governor of the Bank of England, and the Chief Executive of the Financial Conduct Authority.^[1]

Officials from across all three organisations continue to meet on a regular basis and are working closely together. Officials are also engaging with industry stakeholders and international counterparts, and held an industry roundtable on 23 July. The Taskforce will publish a report in Q3 2018.

[1] https://www.gov.uk/government/news/cryptoassets-taskforce-meets-for-the-first-time