05 August 2022

UK Parliament opens crypto sector inquiry

Written By FinTech Alliance in Regulation

UK Parliament opens crypto sector inquiry

The All Party Parliamentary Group (APPG) for the UK Crypto and Digital Assets sector has opened its inquiry.

In Brief:  

This is a group of parliamentarians from different parties looking into the need for regulation in the space.  

The group will take feedback from stakeholders across the industry.  

It will hear from crypto operators, regulators, industry experts and Government.  

What does this mean?  

The group will be a forum for “parliamentarians, policy makers and the UK crypto sector” to discuss what policies and regulations should be implemented for the crypto sector in the UK. It will look what role the Government and regulator should play, how to keep consumers safe — and even the potential of central bank digital currencies.  

Read more here. 

Up Next ...
05 November 2024

MeaWallet Introduces New Features to Support Click to Pay, Enabling Safer, Faster Online Shopping

MeaWallet product updates support businesses facing mandatory regulatory requirements that state they must support Click to Pay

05 November 2024

Nium and HyperGuest Join Forces to Streamline Payments for the Travel and Hospitality Industry

This partnership will enhance payment efficiency and security for HyperGuest’s global network of travel and accommodation partners with Nium’s virtual card solution...

05 November 2024

Mastercard's 'Pay Local' Brings Global Payment Access to Digital Wallets

This initiative particularly benefits travelers, as it eliminates the need to preload prepaid accounts, making global payments more seamless

04 November 2024

Finance apps are in ‘need of improvement’, says a quarter of Brits

A recent survey by UK mobile specialists Apadmi reveals that ...

More in Regulation

Qatar Central Bank launches express sandbox

30 May 2024

The express sandbox is an expedited programme

FCA calls for “robust frameworks” to detect fraud and support victims

10 November 2023

The UK’s Financial Conduct Authority (FCA) has called for stronger ...

Seedrs licenced under new EU authorisation

25 October 2023

Private investment platform Seedrs is now authorised under new EU ...

Binance stops accepting new UK customers

17 October 2023

Binance has stopped accepting new users in the UK while ...

White Papers Regulation

House of Lords: The UK-EU Relationship in Financial ServiceS

30 June 2022

The UK financial services sector is of vital importance to the UK economy as a whole, employing 2.3...

White Papers Regulation

Jumio: Anti-money laundering regulations in 2022

16 March 2022

With the increased global focus on anti-money laundering (AML) and countering the financing of terro...

Articles Regulation

The Future of Regulation 2022

24 February 2022

The fire for innovation in financial services has long been raging, and regulators, having transform...

White Papers Regulation

Regulation of Buy-Now Pay-Later

01 December 2021

Consumer credit has been regulated in the UK since the Consumer Credit Act (CCA) was passed in 1974....

There are no Events in this category