UK Government’s Approach to Tokenisation and Regulation: Keynote Highlights from Tulip Siddiq MP
Tulip Siddiq MP, Economic Secretary to the Treasury, delivered a keynote at this year’s City and Financial Global Tokenisation Summit outlining the UK government’s progressive strategy in embracing tokenisation and digital assets. Her speech underscored the transformative potential of distributed ledger technology (DLT) and reaffirmed the government’s commitment to positioning the UK as a global […]
HM Treasury Aims to Modernise Payments and Drive Innovation with its New National Payments Vision
HM Treasury has announced its National Payments Vision, setting out an ambitious plan to position the UK as a global leader in payments. This strategy aims to strengthen the economy by fostering innovation, enhancing security, and offering consumers and businesses a range of trusted payment options, all underpinned by next-generation technology. In the ministerial foreword, […]
HM Treasury Publishes Comprehensive Review on the Future of Payments in the UK
In an in-depth review initiated on July 10th, the HM Treasury has conducted a thorough analysis of the UK’s payments landscape and published their Future of Payments Review. Over three months, the review team, led by a seasoned executive with diverse experience in the financial sector, engaged with about 150 stakeholders, including financial institutions, Fintechs, […]
HM Treasury Open consultation: Future financial services regulatory regime for cryptoassets
Source: HM Treasury Summary This consultation sets out proposals for the UK’s financial services regime for cryptoassets, and marks the next stage of the UK’s phased approach This consultation closes at9am on 30 April 2023 Consultation description In April 2022, the government committed to introducing a new regulatory regime for cryptoassets, reflecting the risks and […]
Managing the failure of systemic Digital Settlement Asset (including stablecoin) firms
Government sets out plan to make UK a global cryptoasset technology hub
Payments Landscape Review: Response to the Call for Evidence
