Written Question·Treasury·UIN 60725
Cryptoassets: Regulation
Tabled: 17 June 2025
Answered: 24 June 2025
Question
Sarah Gibson
Liberal Democrat — Chippenham
To ask the Chancellor of the Exchequer, what assessment her Department has made of the adequacy of (a) funding and (b) resourcing for the Financial Conduct Authority for effective regulation of the cryptoasset sector.
Answer
Emma ReynoldsSince January 2020, certain cryptoasset firms have been required to register with the Financial Conduct Authority (FCA) under the UK’s Money Laundering and Terrorist Financing Regulations (MLRs). To date, 51 cryptoasset firms have been registered with the...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 60725) →