Written Question·Treasury·UIN 62521
Bank Services: Cryptoassets
Tabled: 24 June 2025
Answered: 2 July 2025
Question
Mr Angus MacDonald
Liberal Democrat — Inverness, 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 ReynoldsThe 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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