Treasury Committee launches inquiry into cryptoassets

MPs to investigate risks

Elliot Gulliver-Needham
clock • 1 min read

The Treasury Committee has launched an inquiry into cryptoassets, which will explore their role in the UK.

The inquiry is set to explore three key areas: The risks and opportunities that cryptoassets could bring to consumers, businesses and the economy, the impact of new technology on financial institutions and financial infrastructure and the regulatory response to cryptocurrencies. A written response has been requested on a variety of areas, including on the impact of cryptocurrencies on social inclusion, the environmental costs of cryptoassets and the potential of a central bank digital currency. The committee's focus on regulation will explore both the effectiveness of previous regulat...

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