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Departmental Publication (Guidance and Regulation)
Foreign, Commonwealth & Development Office

Apr. 24 2024

Source Page: UK Science and Innovation Network country snapshot: Malaysia
Document: (PDF)

Found: These roadmaps are Electrical and Electronics (E&E), National Blockchain Technology , Artificial Intelligence

Written Question
Cryptocurrencies and Blockchain
Tuesday 23rd April 2024

Asked by: Tanmanjeet Singh Dhesi (Labour - Slough)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps his Department has taken to support innovation in blockchain and cryptocurrency technologies while ensuring robust consumer protections.

Answered by Bim Afolami - Economic Secretary (HM Treasury)

  1. The government is committed to creating a regulatory environment in the UK where firms can innovate, while crucially maintaining financial stability and clear regulatory standards.
  2. In line with this, the government has already brought cryptoassets into regulation for anti-money laundering and counter-terrorist financing, and financial promotions.
  3. As a result, the Financial Conduct Authority now regulates and supervises qualifying cryptoasset promotions, with the aim of improving consumers’ understanding of the risks and benefits associated with cryptoasset investments, and ensuring that cryptoasset promotions are held to the same high standards as for broader financial services.
  4. In October last year, the Treasury published its final proposals for creating the UK’s financial services regulatory regime for cryptoassets.
Non-Departmental Publication (News and Communications)
Competition and Markets Authority

Apr. 18 2024

Source Page: The CMA at 10: Past reflections and a look ahead to the next decade of promoting competition and protecting consumers
Document: UK’s open banking regime has also been called ‘the envy of the European FinTech community’ (PDF)

Found: Automated Trust, combining Artificial Intelligence (AI), Blockchain and the Internet of Things (IoT

Select Committee
Centre for European Reform, Andrew Kurth LLP, and techUK

Oral Evidence Apr. 16 2024

Inquiry: UK-EU data adequacy
Inquiry Status: Closed
Committee: European Affairs Committee

Found: Similarly to blockchain biometrics, these are really complicated areas, and I am not sure that GDPR

Select Committee
SITA Advanced Travel Solutions Limited
 EBM0015 - Electronic border management systems

Written Evidence Apr. 16 2024

Inquiry: Electronic border management systems
Inquiry Status: Closed
Committee: Justice and Home Affairs Committee

Found: (DTC), Verifiable Credentials (VC) and trusted sharing ecosystems, which will utilise open source blockchain

Departmental Publication (News and Communications)
Foreign, Commonwealth & Development Office

Apr. 16 2024

Source Page: UK Government to tackle global financial corruption
Document: https://unctad.org/system/files/official-document/aldcafrica2020_en.pdf (PDF)

Found: Prototype software based on blockchain technology is also being developed to provide transparency of

Select Committee
SCI (Society of Chemical Industries), Synthesia, and Space Forge

Oral Evidence Apr. 16 2024

Inquiry: Industrial policy
Inquiry Status: Closed
Committee: Business and Trade Committee (Department: Department for Business, Energy and Industrial Strategy)

Found: I would include output, blockchain, virtual reality and similar types of technologies in that bucket

Non-Departmental Publication (Transparency)
Regulatory Policy Committee

Apr. 16 2024

Source Page: RPC Register of Interests, March 2024
Document: RPC Register of Interests, March 2024 (PDF)

Found: to avoid conflicts or potential conflicts of interest: • Electricity grid regulation/policy • Blockchain

Westminster Hall
Digital Skills and Careers - Tue 16 Apr 2024
Department for Education

Mentions:
1: Lisa Cameron (Con - East Kilbride, Strathaven and Lesmahagow) of emerging technologies in key high-growth industries, such as cryptocurrency and digital assets, blockchain - Speech Link
2: Lisa Cameron (Con - East Kilbride, Strathaven and Lesmahagow) Forex Suggest, which found that women are vastly under-represented in leadership positions across the blockchain - Speech Link
3: Lisa Cameron (Con - East Kilbride, Strathaven and Lesmahagow) I was interested to hear that Ripple launched a university blockchain research initiative in 2018 in - Speech Link
4: Luke Hall (Con - Thornbury and Yate) embrace the opportunities and advances that AI offers and that we make use of technologies such as blockchain - Speech Link

MP Financial Interest
Marcus Fysh (Conservative - Yeovil)
Original Source (15th April 2024)
8. Miscellaneous
Beneficial interest via futures, options, contracts for difference and other holdings not registrable under Category 7: Shareholdings, related to movement in the value of:
ADA utility tokens of the Cardano blockchain network (Information technology)
Until 23 February 2024, Cameco Corporation (Energy/mining)
Russell 2000 Index
S&P 500 Index
Date interest arose: 24 January 2021
(Registered 15 March 2021; updated 7 July 2021 and 27 February 2024)