APPG Focus
Digital Tokenised Money
CBDC/Stablecoins/Tokenised commercial bank money/ regulatory developments and adoption trends.
Digital Assets
Digital Assets regulatory developments and adoption trends.
Digital Markets
Digital Infrastructure/ regulatory framework & Government's National Payments Vision.
Tokenised Assets
Tokenisation impact, monetary policy and financial stability.
Messages From APPG Chair & Co-Chair
Lauren Edwards
MP – Co-Chair
The APPG Chair extends a warm invitation to Members of Parliament and corporate and academic leaders to join the All-Party Parliamentary Group (APPG) on Digital Money and Markets. Through collaborative evidence sessions, we will explore the transformative impact of digital money and markets on the UK and its role in the global landscape. This is a fast-developing area of policy, with significant implications for geo-politics; the APPG will aim to ensure the UK is at the forefront of developments.
Lord Ranger of Northwood
Co-Chair
Our Co-Chair, Lord Ranger, warmly welcomes industry leaders to join the All-Party Parliamentary Group (APPG) on Digital Markets and Money. Together, we will explore the opportunities this evolving sector presents for the UK and its citizens.
Engagement Approach
Digital Markets and Digital Money at the Policy Level
Digital Markets and Digital Money will serve as a platform for policymakers, industry leaders, academics and stakeholders to discuss and shape the future of digital financial systems. Its outputs aim to guide legislation, promote innovation, and address key challenges in the realm of digital markets and digital money.
Policy Level Outputs
- Helping policymakers understand industry needs and challenges, leading to more effective and balanced regulation
- Providing a space to discuss privacy, security, inclusion and ethical implications of digital currencies, building trust and transparency.
- Discussions on harmonising international regulations, crucial for cross-border digital markets and currencies
Round Tables
By participating actively, industry stakeholders can play a crucial role in shaping the future of money and markets, ensuring that they are inclusive, sustainable, and equipped to meet the needs of a rapidly evolving world. Engagement with the APPG will offer a range of benefits for industry stakeholders, enabling them to shape policy, foster innovation, and contribute to a sustainable and inclusive financial ecosystem.
- Industry stakeholders will be able to provide insights into the challenges and opportunities in money and markets, ensuring that policies are practical, forward-looking, and conducive to growth.
- Industry Engagement will also cover industry concerns—such as regulatory clarity, innovation incentives, and legislative frameworks.
- Engagement with the APPG will foster connections between industry players, government bodies, regulators, and academic institutions.
Key Reasons for Engaging Industry Stakeholders
- Industry stakeholders possess first hand insights into the challenges and opportunities within digital markets and money systems.
- Policymakers will benefit from understanding the technical, operational, and economic realities directly from those implementing these solutions.
- Industry stakeholders, including consumer advocacy groups and financial institutions may highlight the barriers faced by marginalised groups.
- Industry expertise, perspectives, and innovation will ensure that policies are practical, inclusive, and capable of addressing the complexities of a rapidly evolving digital economy
Purpose of APPG
The APPG for Digital Market and Digital Money aims to be the leading forum to discuss the development and regulation of digital financial markets. It will build the knowledge base of parliamentarians on digital money and digital markets.
Its purpose is to bring together experts in industry and academia with MPs and Peers in the UK Parliament to lead and influence the development of digital money and markets both in the UK and globally.
It will focus on regulated currencies, including retail and wholesale Central Bank Digital Currency (CBDC), tokenised deposits and stablecoins, as well as all aspects of current and emerging forms of money and payment, from cash to crypto currencies.
The landscape is shifting rapidly, and it is important the UK is not left behind. The work of the APPG will ensure we have a good understanding and strong voices in both legislative chambers putting the case for innovation, growth, and appropriate regulation.
The APPG is Co-Chaired by ex-Bank of England regulator and Labour MP Lauren Edwards MP and Conservative Peer Lord Ranger of Northwood.
It is already backed by key sponsors, including De La Rue, with more to come on board soon, and its meetings attended by key industry bodies and trade associations.
Areas of focus in 2025:
What the Government’s recently published Payments Vision means for digitalmoney and markets with a UK focus (and what else needs to happen such as the Digital Pound).
The potential of stablecoins to transform the retail payment sector, including cross-border payments.
The impact of the BRICs+ block-chain payment system on the UK and global payments landscape.
What are the implications for the UK?
What will the Trump administration mean for the future development of digital currency markets and UK competitiveness?
Upcoming proposals on Payment Systems.
Financial inclusion
