Quoted from hansard.parliament.uk on
My hon. Friend also made a point about crypto that I think was right. It is important to say that crypto-assets are treated in exactly the same way as any financial asset. We therefore expect these measures to be as widely respected by entities, even if enforcement proves to require further work.
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This statement reflects a neutral to slightly positive stance, emphasising that cryptoassets should be treated like any other financial asset under the law. It suggests a desire for regulatory consistency, while acknowledging that enforcement may still be a challenge.