Written Question·Treasury·UIN 47626
Digital Assets: Licensing
Tabled: 24 April 2025
Answered: 2 May 2025
Question
Andrew Rosindell
Reform UK — Romford
To ask the Chancellor of the Exchequer, what steps her Department is taking to help ensure that applications to the Financial Conduct Authority for licences to operate in the UK by (a) crypto and (b) digital asset businesses are processed in a timely mann
Answer
Emma ReynoldsThe Government launched an anti-money laundering and counter-terrorist financing regime for cryptoassets in January 2020. This means UK cryptoasset exchange providers and custodian wallet providers are now in scope of the UK’s Money Laundering and Terrori...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 47626) →