Written Question·Treasury·UIN 73352
Government: Cryptoassets
Tabled: 29 August 2025
Answered: 8 September 2025
Question
Charlie Dewhirst
Conservative — Bridlington and The Wolds
To ask the Chancellor of the Exchequer, pursuant to the Answer of 4 August 2025 to Question HL9820 on Cryptocurrencies, whether the Government’s crypto-asset holdings are deemed to be held in the Consolidated Fund under the Exchequer and Audit Departments
Answer
James MurrayThe Consolidated Fund is a sterling denominated fund and therefore does not hold cryptocurrencies. Departments are responsible for applying relevant accounting standards on a case by case basis to value any assets held.