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min answer › date of answer	2014-10-27
tabling member › label	Biography information for Lord Harris of Haringey
max ddp modified	2015-02-06T19:13:15.140Z
max question first answered	2014-10-27T18:03:05.9468587Z

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registered interest

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answering body

answering dept id

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tabling member printed

uin

answer

is ministerial correction

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answering member printed

question first answered

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93406

registered interest

date

14/10/2014

answering body

HM Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

CaTreasury

hansard heading

Currencies

house id

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25277

pref label	House of Lords

question text

To ask Her Majesty’s Government what work is being undertaken by HM Treasury in respect of bitcoin and other digital currencies in the context of the speech by the Chancellor of the Exchequer on 6 August; and what consultation has taken place with the UK Digital Currency Association, as the representative body of those United Kingdom businesses engaged with digital currency.

tabling member printed

Lord Harris of Haringey

uin

HL2072

answer

is ministerial correction

date of answer

27/10/2014

answer text

<p>On 6 August, the Chancellor announced a major programme of work looking into digital currencies and associated technologies, with a particular focus on whether they should be regulated. The Government is now considering the benefits offered by digital currencies and the technology that underpins them, and whether it should take action to support innovation in this area. At the same time, the Government is examining the risks presented by digital currencies, and assessing whether action is required to mitigate any concerns. The Government is engaging with a wide range of stakeholders, including the UK Digital Currency Association, as part of this work.</p><p> </p>

answering member printed

Lord Deighton

question first answered

27/10/2014 12:43:05

answering member

4262

label	Biography information for Lord Deighton

tabling member

2671

label	Biography information for Lord Harris of Haringey