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1541366

	registered interest
	date	09/11/2022
	answering body	Department for Digital, Culture, Media and Sport
	answering dept id	10
	answering dept short name	Digital, Culture, Media and Sport
	answering dept sort name	Digital, Culture, Media and Sport
	hansard heading	Sports: Cryptocurrencies
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Digital, Culture, Media and Sport, what assessment she has made of the merits of regulating the promotion of cryptoassets in sport; and if she will make a statement.
	tabling member constituency	Newcastle-under-Lyme
	tabling member printed	Aaron Bell
	type	WrittenParliamentaryQuestion
	uin	83788
	answer	answer is ministerial correction date of answer 16/11/2022 answer text <p>The Government has noted a growing market of partnerships between sports bodies and crypto asset businesses.</p><p>The variety of crypto asset products is wide and evolving. We have always encouraged innovation in sports markets but this must be done with the interests of fans in mind and must be transparent on risks.</p><p>My officials have discussed cryptoassets in conversations with the Premier League, the English Football League and the Treasury.</p><p>As I stated in the recent Westminster Hall Debate on this issue, the government will continue to monitor the use and promotion of cryptoassets in sport and will factor this into considerations around the wider cryptoasset market and its regulation.</p><p> </p> answering member constituency Pudsey answering member printed Stuart Andrew grouped question UIN 83789 83790 question first answered 16/11/2022 09:18:39 answering member 4032 label Biography information for Stuart Andrew
	tabling member	4837 label Biography information for Aaron Bell

1541367

	registered interest
	date	09/11/2022
	answering body	Department for Digital, Culture, Media and Sport
	answering dept id	10
	answering dept short name	Digital, Culture, Media and Sport
	answering dept sort name	Digital, Culture, Media and Sport
	hansard heading	Sports: Cryptocurrencies
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Digital, Culture, Media and Sport, whether she has had recent discussions with (a) the Chancellor of the Exchequer (b) the Cryptoasset Taskforce, (c) the Premier League, (d) Premier League Football Clubs, (e) Premier League Football Club Supporter Associations and (f) the Football Supporters’ Association on the regulation of cryptoassets in sport.
	tabling member constituency	Newcastle-under-Lyme
	tabling member printed	Aaron Bell
	type	WrittenParliamentaryQuestion
	uin	83789
	answer	answer is ministerial correction date of answer 16/11/2022 answer text <p>The Government has noted a growing market of partnerships between sports bodies and crypto asset businesses.</p><p>The variety of crypto asset products is wide and evolving. We have always encouraged innovation in sports markets but this must be done with the interests of fans in mind and must be transparent on risks.</p><p>My officials have discussed cryptoassets in conversations with the Premier League, the English Football League and the Treasury.</p><p>As I stated in the recent Westminster Hall Debate on this issue, the government will continue to monitor the use and promotion of cryptoassets in sport and will factor this into considerations around the wider cryptoasset market and its regulation.</p><p> </p> answering member constituency Pudsey answering member printed Stuart Andrew grouped question UIN 83788 83790 question first answered 16/11/2022 09:18:39 answering member 4032 label Biography information for Stuart Andrew
	tabling member	4837 label Biography information for Aaron Bell

1541368

	registered interest
	date	09/11/2022
	answering body	Department for Digital, Culture, Media and Sport
	answering dept id	10
	answering dept short name	Digital, Culture, Media and Sport
	answering dept sort name	Digital, Culture, Media and Sport
	hansard heading	Sports: Cryptocurrencies
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Digital, Culture, Media and Sport, what discussions her Department has had with sporting industry stakeholders on cryptoassets with since 4 April 2022; and what assessment she has made of the need to regulate the promotion of cryptoassets in sport.
	tabling member constituency	Newcastle-under-Lyme
	tabling member printed	Aaron Bell
	type	WrittenParliamentaryQuestion
	uin	83790
	answer	answer is ministerial correction date of answer 16/11/2022 answer text <p>The Government has noted a growing market of partnerships between sports bodies and crypto asset businesses.</p><p>The variety of crypto asset products is wide and evolving. We have always encouraged innovation in sports markets but this must be done with the interests of fans in mind and must be transparent on risks.</p><p>My officials have discussed cryptoassets in conversations with the Premier League, the English Football League and the Treasury.</p><p>As I stated in the recent Westminster Hall Debate on this issue, the government will continue to monitor the use and promotion of cryptoassets in sport and will factor this into considerations around the wider cryptoasset market and its regulation.</p><p> </p> answering member constituency Pudsey answering member printed Stuart Andrew grouped question UIN 83788 83789 question first answered 16/11/2022 09:18:39 answering member 4032 label Biography information for Stuart Andrew
	tabling member	4837 label Biography information for Aaron Bell

1541369

	registered interest
	date	09/11/2022
	answering body	Department for Digital, Culture, Media and Sport
	answering dept id	10
	answering dept short name	Digital, Culture, Media and Sport
	answering dept sort name	Digital, Culture, Media and Sport
	hansard heading	Sports: Cryptocurrencies
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Digital, Culture, Media and Sport, what recent assessment she has made of the potential impacts of cryptoasset schemes promoted by the sporting industry on consumers.
	tabling member constituency	Newcastle-under-Lyme
	tabling member printed	Aaron Bell
	type	WrittenParliamentaryQuestion
	uin	83791
	answer	answer is ministerial correction date of answer 15/11/2022 answer text <p>The Government has noted a growing market of partnerships between sports bodies and crypto asset businesses.</p><p>The variety of crypto asset products is wide and evolving. We have always encouraged innovation in sports markets but this must be done with the interests of fans in mind and must be transparent on risks.</p><p>My officials have discussed cryptoassets in conversations with the Premier League, the English Football League and the Treasury.</p><p>As I stated in the recent Westminster Hall Debate on this issue, the government will continue to monitor the use and promotion of cryptoassets in sport and will factor this into considerations around the wider cryptoasset market and its regulation.</p><p> </p> answering member constituency Pudsey answering member printed Stuart Andrew question first answered 15/11/2022 15:54:40 answering member 4032 label Biography information for Stuart Andrew
	tabling member	4837 label Biography information for Aaron Bell