Written Question·Treasury·UIN 47628
Digital Assets: Licensing
Tabled: 24 April 2025
Answered: 2 May 2025
Question
Andrew Rosindell
Reform UK — Romford
To ask the Chancellor of the Exchequer, how many (a) crypto and (b) digital asset firms have been granted licences to operate by the Financial Conduct Authority; and how many and what proportion of applications were rejected in the last three years.
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 47628) →