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UK parliamentary group calls for submissions in new crypto asset inquiry

Published 08/04/2022, 10:24 AM
Updated 08/04/2022, 12:20 PM
UK parliamentary group calls for submissions in new crypto asset inquiry

The United Kingdom Crypto and Digital Assets All Party Parliamentary Group (APPG) announced Thursday its upcoming inquiry on the country’s crypto and digital asset sector. The announcement included details of the group’s plans and how interested parties can participate.

According to the statement, the inquiry will highlight various areas of engagement with crypto and digital asset space. This includes the U.K.’s current approach to regulations, plans to bolster the country’s crypto investment, central bank digital currencies (CBDCs), potential risks and the role of local regulators such as the Financial Conduct Authority (FCA) and the Bank of England.

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