To ask the Chancellor of the Exchequer, when the Transatlantic Taskforce for Markets of the Future plans to report back to HMT; and when their report will be shared with Parliament.
Does Gareth Davies Support Crypto?
Based on previous comments, Gareth Davies has indicated they are somewhat pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Gareth Davies has made about crypto.
To ask the Chancellor of the Exchequer, whether she discussed the Transatlantic Taskforce for Markets of the Future during her meeting with the US Secretary of the Treasury on 12 January 2026.
To ask the Chancellor of the Exchequer, what objectives her Department have set the Transatlantic Taskforce for Markets of the Future; and what assessment she has made of the Taskforce’s progress to date.
I have one question, which has come up quite a lot in the industry and perhaps even in the Minister’s previous role outside politics, and it relates to the name. It is called the cryptoasset reporting framework, but many in the outside world refer to cryptocurrency. What is the Government’s position on what a crypto is? Is it a cryptoasset or is it a cryptocurrency? What is the difference? A lot of people would appreciate that clarification on this complex subject. As I said, we do not oppose the clause; we signed up to the framework when in government.
Analysis on Stance
Add your own analysis on this stanceThis statement takes a neutral, constructive stance, focusing on the need for definitional clarity between terms like “cryptoasset” and “cryptocurrency.” It reflects a desire to help the public and industry better understand the regulatory language without opposing the policy itself.