Digital Assets

Summary

To ask the Chancellor of the Exchequer, whether the Government plans to use the powers in the Financial Services and Markets Bill 2026 to establish a mutual recognition framework for digital assets, including stablecoins, to support the UK's competitivene

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Timeline

1. 1 September 2026

   Written question

   To ask the Chancellor of the Exchequer, whether the Government plans to use the powers in the Financial Services and Markets Bill 2026 to establish a mutual recognition framework for digital assets, including stablecoins, to support the UK's competitivene

   Source: Commons

2. 4 September 2026

   Answer

   The Government acknowledges the potential benefits of recognising compatible jurisdictions’ regulatory regimes, including promoting growth and competitiveness by supporting cross-border activity.The Financial Services and Markets Bill will enable HM Treas...

   Source: Written answer

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Sponsors

• Mark Garnier · Conservative · Commons
• · Treasury · Answering body
• Lucy Rigby · Labour · Answering member

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