Adam Afriyie – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Adam Afriyie on 2015-09-16.

To ask Mr Chancellor of the Exchequer, what plans he has to bring forward legislation to regulate (a) digital currencies, (b) crowdfunding and (c) peer-to-peer lending.

Harriett Baldwin

At the March Budget, the Government said it would consult on how to regulate digital currency exchanges in the new Parliament.

Operating a P2P platform has been an activity regulated by the Financial Conduct Authority (FCA) since 2014. Crowdfunding is also a Regulated Activity and is subject to FCA rules.