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969347
star this property registered interest false more like this
star this property date remove maximum value filtermore like thisremove minimum value filter
star this property answering body
Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Cryptocurrencies more like this
star this property house id 2 more like this
star this property legislature
25277
unstar this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of reports that the value of crypto-currencies in the United States is falling, and of the potential effects that such a decline might have on the UK blockchain industry. more like this
star this property tabling member printed
Lord Taylor of Warwick more like this
star this property uin HL10177 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-09-14more like thismore than 2018-09-14
star this property answer text <p>The Government has not made a formal assessment of any potential implications of recent changes in the value of cryptocurrencies. However, the Government continues to monitor developments in the cryptocurrency market.</p><p>The Chancellor of the Exchequer launched the Cryptoassets Taskforce in March, consisting of HM Treasury, the Bank of England and the Financial Conduct Authority. The Taskforce is considering the risks and potential benefits of cryptoassets and other applications of distributed ledger technology in financial services, as well as assessing what, if any, regulation is required in response. The Taskforce will publish a report in the Autumn.</p> more like this
star this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-09-14T13:34:29.543Zmore like thismore than 2018-09-14T13:34:29.543Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
1796
star this property label Biography information for Lord Taylor of Warwick more like this