Select Committee · Treasury Committee

The crypto-asset industry

Status: Closed Opened: 12 Jul 2022 Closed: 11 Mar 2024 12 recommendations 6 conclusions 2 reports

In this inquiry, the Treasury Committee will examine the potential risks and opportunities associated with the use of crypto-assets, their impact on social inclusivity and the possible need for regulatory change in the future. Read the call for evidence to find out more about the inquiry

Clear

Reports

2 reports
Title HC No. Published Items Response
First Report - The digital pound: still a solution in searc… HC 215 2 Dec 2023 13 Responded
Fifteenth Report - Regulating Crypto HC 615 17 May 2023 5 Responded

Recommendations & Conclusions

1 item
13 Recommendation First Report - The digital pound: still… Deferred

Publish detailed criteria for assessing the future launch decision of a digital pound.

To help ensure a rigorous and balanced approach is taken towards assessing the case for launching a digital pound in future, we recommend that the Government and Bank of England set out in more detail, as soon as possible, the criteria they will use to inform that final decision. (Paragraph …

Government response. The government agrees to a rigorous assessment approach but states the specific criteria and wider assessment framework for launching a digital pound are still being developed as part of the design phase, promising to report on progress and engage stakeholders.
HM Treasury

Correspondence

6 letters
DateDirectionTitle
25 Jan 2024 Correspondence from HM Treasury and the Bank of England, in response to the Com…
1 Jun 2023 Correspondence from the Chancellor of the Exchequer regarding Commitment on Cen…
25 Apr 2023 Correspondence from the Bank of England, relating to the session on ‘The crypto…
25 Apr 2023 Correspondence from the Chair to the Bank of England, relating to the session o…
26 Jan 2023 Correspondence from the FCA relating to the session on ‘The crypto-asset indust…
16 Nov 2022 Correspondence from Binance, relating to the session on ‘The crypto-asset indus…