Written Question·Treasury·UIN 47625

Digital Assets: Registration

Tabled: 24 April 2025
Answered: 2 May 2025

Question

Andrew Rosindell

Reform UK — Romford

To ask the Chancellor of the Exchequer, what recent steps the Financial Conduct Authority has taken to register (a) crypto and (b) digital asset businesses.

Answer

Emma Reynolds
The 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...
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