Tag Archives: Commons

The House of Commons Treasury Committee has recommended “treating retail investment in cryptocurrencies like gambling”, due to the high volatility of value changes of cryptoassets and potential for consumers to lose their entire investment.  The recommendation forms part of the Committee’s report evaluating the “potential benefits of cryptoassets and their underlying technology value, and the risk of investment in cryptoassets”. …

MPs in the House of Commons held a two-hour debate yesterday, discussing a range of issues related to the future oversight of the UK gambling sector, with imminent reforms soon to be announced. The debate was led by long-term gambling-reformist Carolyn Harris, Labour MP for Swansea East. Proceedings were opened with Harris acknowledging the wide range of response, evidence and …