Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed grouped question UIN question first answered answering member label
tabling member	label

Search

101045

	registered interest
	date	27/10/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Bitcoin
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what guidance he has issued to vendors accepting digital currencies as payment for goods and services.
	tabling member constituency	Fareham
	tabling member printed	Mr Mark Hoban
	uin	212138
	answer	answer is ministerial correction date of answer 03/11/2014 answer text <p>The Chancellor of the Exchequer has not issued guidance to vendors accepting digital currencies as payment for goods and services.</p><p> </p><p> </p><p> </p><p>In August 2014 the Chancellor announced the Government would undertake a major programme of work looking at the benefits and risks of digital currencies, and look into whether they could or should be regulated.</p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom question first answered 03/11/2014 14:06:13 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	1414 label Biography information for Mr Mark Hoban

165872

	registered interest
	date	25/11/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Bitcoin
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what his policy is on attracting companies that develop bitcoin technology to locate in the UK.
	tabling member constituency	East Ham
	tabling member printed	Stephen Timms
	uin	215985
	answer	answer is ministerial correction date of answer 28/11/2014 answer text <p>Earlier this year, the Chancellor set out plans to make Britain the global centre of financial innovation, benefitting consumers and businesses, including a major programme of work looking at the benefits and risks of digital currencies, and to look into whether they could or should be regulated.</p><p> </p><p> </p><p> </p><p>On 3 November, the Treasury published a Call for Information on digital currencies. This Call for Information asks whether there are currently barriers to digital currency businesses setting up in the UK, and the Government will consider access to UK bank accounts as part of this.</p><p> </p><p> </p><p> </p><p>In October, the Financial Conduct Authority launched its Innovation Hub to provide support to innovative businesses. It has identified helping innovators access bank accounts as a key priority.</p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom grouped question UIN 215986 question first answered 28/11/2014 14:11:53 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	163 label Biography information for Sir Stephen Timms

165905

	registered interest
	date	25/11/2014
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Bitcoin
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what assessment he has made of the ability of companies dealing with bitcoin to open a bank account.
	tabling member constituency	East Ham
	tabling member printed	Stephen Timms
	uin	215986
	answer	answer is ministerial correction date of answer 28/11/2014 answer text <p>Earlier this year, the Chancellor set out plans to make Britain the global centre of financial innovation, benefitting consumers and businesses, including a major programme of work looking at the benefits and risks of digital currencies, and to look into whether they could or should be regulated.</p><p> </p><p> </p><p> </p><p>On 3 November, the Treasury published a Call for Information on digital currencies. This Call for Information asks whether there are currently barriers to digital currency businesses setting up in the UK, and the Government will consider access to UK bank accounts as part of this.</p><p> </p><p> </p><p> </p><p>In October, the Financial Conduct Authority launched its Innovation Hub to provide support to innovative businesses. It has identified helping innovators access bank accounts as a key priority.</p><p> </p> answering member constituency South Northamptonshire answering member printed Andrea Leadsom grouped question UIN 215985 question first answered 28/11/2014 14:11:53 answering member 4117 label Biography information for Andrea Leadsom
	tabling member	163 label Biography information for Sir Stephen Timms

804211

	registered interest
	date	11/12/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Bitcoin
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what assessment they have made of the implications of the increasing trade in Bitcoin, and of the case for greater regulation of the trade of Bitcoin.
	tabling member printed	Lord Greaves
	uin	HL4032
	answer	answer is ministerial correction date of answer 21/12/2017 answer text As with all policies, the government keeps its policy towards cryptocurrencies under review. For example, Government has recently published its National Risk Assessment of Money Laundering and Terrorist Financing, which included an examination of the risks associated with cryptocurrencies. The government is currently negotiating amendments to the European Anti-Money Laundering Directive which will extend regulation to virtual currency exchange platforms and custodian wallet providers. These amendments will enable competent authorities to ensure these firms are mitigating the risks regarding money laundering and terrorist financing. We expect these negotiations to conclude at EU level by early 2018, with a year for Member States to then implement the Directive. answering member printed Lord Bates question first answered 21/12/2017 13:58:16 answering member 1091 label Biography information for Lord Bates
	tabling member	2569 label Biography information for Lord Greaves

804212

	registered interest
	date	11/12/2017
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Bitcoin
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what assessment they have made of the advice provided by the financial advice market in relation to Bitcoin; and in the light of that assessment, whether any changes to regulatory or legal framework for financial advice are required.
	tabling member printed	Lord Greaves
	uin	HL4033
	answer	answer is ministerial correction date of answer 21/12/2017 answer text <p>The regulation of financial advisors is a matter for the Financial Conduct Authority (FCA). The regulatory framework is determined in legislation by European Directives and the Regulated Activities Order, and the FCA sets the standards for firms that fall within that framework.</p> answering member printed Lord Bates question first answered 21/12/2017 13:58:33 answering member 1091 label Biography information for Lord Bates
	tabling member	2569 label Biography information for Lord Greaves