United Kingdom · Question · Written question
HL HL789
Cryptocurrencies: Environment Protection
Introduced
7 June 2021
Last action
16 June 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Environment
Source updated
16 June 2021
Summary
To ask Her Majesty's Government what assessment they have made of the level of energy use in the mining of Bitcoin, as identified by the Cambridge Bitcoin Electricity Consumption Index; and what steps they will take to address the environmental harms of c
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Timeline
7 June 2021
Written question
To ask Her Majesty's Government what assessment they have made of the level of energy use in the mining of Bitcoin, as identified by the Cambridge Bitcoin Electricity Consumption Index; and what steps they will take to address the environmental harms of c
Source: Lords
16 June 2021
Answer
The Government has been monitoring developments within the cryptoasset industry, including rising energy usage. The Cryptoasset Taskforce, comprising HM Treasury, the Financial Conduct Authority, and the Bank of England, considers the impact of cryptoasse...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-06-07/HL789
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1330362
- uk · wq-1330362 · source updated 16 June 2021