Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps she plans to take to help ensure the UK is an attractive destination for cryptoasset capital.

The government recognises the transformative potential of digital assets and blockchain technologies to drive economic growth in the UK and increase efficiencies across financial markets.

That is why the government is bringing in legislation to establish a new financial services regulatory regime for cryptoassets.

This will support growth in the UK by giving cryptoasset firms the regulatory certainty needed to invest here, and to help drive innovation in our financial services sector.