Written Question·Treasury·UIN 62521

Bank Services: Cryptoassets

Tabled: 24 June 2025
Answered: 2 July 2025

Question

Mr Angus MacDonald

Liberal DemocratInverness, Skye and West Ross-shire

To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that UK banks do not apply blanket restrictions to cryptoasset businesses.

Answer

Emma Reynolds
The Government is aware that cryptoasset firms are facing challenges associated with access to banking services, and it is engaged with the sector on these matters. Whilst the Government recognises that such decisions are commercial in nature, we also exp...

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