Written Question·Treasury·UIN 86244

Government: Cryptoassets

Tabled: 29 October 2025
Answered: 7 November 2025

Question

Mike Wood

Conservative — Kingswinford and South Staffordshire

To ask the Chancellor of the Exchequer, pursuant to the Answer of 8 September 2025 to Question 73352 on Government: Cryptoassets, in which accounting funds cryptocurrency assets are assigned; and whether external companies are used to hold the crypto asse

Answer

James Murray
HMT and central government do not hold any cryptoassets. The seizure, recovery and management of cryptoassets, under the Proceeds of Crime Act, is for independent law enforcement and the courts to consider.