To match an exact phrase, use quotation marks around the search term. eg. "Parliamentary Estate". Use "OR" or "AND" as link words to form more complex queries.


View sample alert

Keep yourself up-to-date with the latest developments by exploring our subscription options to receive notifications direct to your inbox

Written Question
Cryptocurrencies: Regulation
Wednesday 26th July 2023

Asked by: Apsana Begum (Labour - Poplar and Limehouse)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether his Department plans to give the Financial Conduct Authority further powers to regulate crypto-related companies.

Answered by Andrew Griffith - Minister of State (Department for Science, Innovation and Technology)

HMT published a public consultation on 1 February 2023 on the ‘Future financial services regulatory regime for cryptoassets’, outlining how the Government will set the regulatory perimeter for the FCA to make rules regulating crypto-related companies. Under these proposals, firms providing cryptoasset services would need to become FCA authorised and meet a range of new requirements, including (for example) prudential, data reporting, consumer protection, location policy and operational resilience requirements.


Parliamentary Research
Cybersecurity in the UK - CBP-9821
Jun. 22 2023

Found: Cryptocurrencies are a digital means of financial exchange.


Departmental Publication (Statistics)
Department for Science, Innovation & Technology

Jun. 22 2023

Source Page: Cyber Essentials scheme process evaluation
Document: National Cyber Strategy (PDF)

Found: they had made were influenced by the introduction of the UK General Data Protection Regulation in


Westminster Hall
Cryptocurrency Regulation - Tue 13 Jun 2023
HM Treasury

Mentions:
1: Lisa Cameron (SNP - East Kilbride, Strathaven and Lesmahagow) I beg to move,That this House has considered the regulation of cryptocurrency.It is a pleasure to serve - Speech Link
2: Martin Docherty-Hughes (SNP - West Dunbartonshire) On regulation, my hon. - Speech Link
3: Lisa Cameron (SNP - East Kilbride, Strathaven and Lesmahagow) and ownership of cryptocurrency had increased, but it also showed that“the level of understanding of cryptocurrencies - Speech Link
4: Martin Docherty-Hughes (SNP - West Dunbartonshire) I am afraid I am going to have to challenge the Minister on his point about regulation. - Speech Link


Select Committee
Fifteenth Report - Regulating Crypto

Report May. 17 2023

Committee: Treasury Committee (Department: HM Treasury)

Found: evolving range of digital instruments, although the market continues to be dominated by unbacked “cryptocurrencies


General Committees
Russia (Sanctions) (EU Exit) (Amendment) Regulations 2023 - Mon 15 May 2023
Foreign, Commonwealth & Development Office

Mentions:
1: Catherine West (LAB - Hornsey and Wood Green) correct me, as the notice for this SI has been quite short, but the amendment to chapter 4I states that regulation - Speech Link
2: Tommy Sheppard (SNP - Edinburgh East) committing a crime, so I wonder why it has been felt necessary to state it not once but in every relevant regulation - Speech Link


General Committees
Draft Insider Dealing (Securities and Regulated Markets) Order 2023 - Tue 09 May 2023
HM Treasury

Mentions:
1: Andrew Griffith (CON - Arundel and South Downs) However, it is important not to overlook the robust baseline regulation that ensures the integrity of - Speech Link
2: Nigel Mills (CON - Amber Valley) One of many changes since the FEMR is the rise of cryptoassets and cryptocurrencies. - Speech Link
3: Andrew Griffith (CON - Arundel and South Downs) Friend will also be aware that we are consulting right now on the broader regulation of cryptoassets. - Speech Link


General Committees
Draft Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) Order 2023 Draft Financial Services and Markets Act 2000 (Commodity Derivatives and Emission Allowances) Order 2023 - Tue 02 May 2023
Ministry of Justice

Mentions:
1: Kit Malthouse (CON - North West Hampshire) with bitcoin.While bitcoin, ethereum and others—there are now hundreds, if not thousands, of these cryptocurrencies - Speech Link
2: Kit Malthouse (CON - North West Hampshire) laundering, particularly around drugs, than there used to be, and that is now very much enabled by cryptocurrencies - Speech Link


Departmental Publication (Policy paper)
Department for Digital, Culture, Media & Sport

Apr. 27 2023

Source Page: High stakes: gambling reform for the digital age
Document: High stakes: gambling reform for the digital age (PDF)

Found: Our aim is to ensure our gambling regulation meets the challenges and seizes the opportunities which


Select Committee
36th Report - Drawn to the special attention of the House: Draft Environmental Permitting (England and Wales) (Amendment) (England) Regulations 2023; Includes information paragraphs on: One instrument related to COVID-19: Merchant Shipping (Seamen’s Documents) (Amendment) Regulations 2023; Draft Financial Services and Markets Act 2000 (Commodity Derivatives and Emission Allowances) Order 2023, Draft Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) Order 2023, Environment (Local Nature Recovery Strategies) (Procedure) Regulations 2023, Social Security Additional Payments (First Qualifying Day) Regulations 2023, Education (Pupil Information and School Performance Information) (England) (Amendment) Regulations 2023, Parole Board (Amendment) Rules 2023, Supported Accommodation (England) Regulations 2023

Report Apr. 27 2023

Committee: Secondary Legislation Scrutiny Committee

Found: Defra responded that: “Currently there is no environmental regulation of closed loop ground source