United Kingdom · Question · Written question
UIN 893
Cryptocurrencies
Introduced
11 May 2022
Last action
18 May 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
18 May 2022
Summary
To ask the Chancellor of the Exchequer, what assessment he has made of the impact of the collapse in the value of cryptocurrency on financial stability in the UK.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
11 May 2022
Written question
To ask the Chancellor of the Exchequer, what assessment he has made of the impact of the collapse in the value of cryptocurrency on financial stability in the UK.
Source: Commons
18 May 2022
Answer
The Bank of England’s Financial Policy Committee (FPC) has recently noted that direct risks to the stability of the UK financial system from cryptoassets are limited. The FPC also noted that crypto-technologies are growing and becoming more interconnected...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-05-11/893
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1462176
- uk · wq-1462176 · source updated 18 May 2022