Written Question·Treasury·UIN 74368

Bitcoin

Tabled: 2 September 2025

Answered: 10 September 2025

Question

Gregory Stafford

To ask the Chancellor of the Exchequer, what assessment she has made of the potential long-term fiscal merits of retaining the Bitcoins held by UK authorities in connection with investment fraud.

Answer

Lucy Rigby

Under the Proceeds of Crime Act 2002 (POCA), which sets out the necessary steps for the management and realisation of assets, the seizure, recovery and management of Bitcoin assets is subject to consideration of independent law enforcement and the courts....

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