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United Kingdom · Question · Written question

UIN 187865

Bank Services: Cryptocurrencies

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

5 June 2023

Last action

12 June 2023 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

12 June 2023

Summary

To ask the Chancellor of the Exchequer, what assessment the Government has made of the prevalence of the refusal of banks to open accounts for FCA-licensed crypto firms.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 5 June 2023

    Written question

    To ask the Chancellor of the Exchequer, what assessment the Government has made of the prevalence of the refusal of banks to open accounts for FCA-licensed crypto firms.

    Source: Commons

  2. 12 June 2023

    Answer

    The Government is committed to creating a regulatory environment in which firms can innovate, while crucially maintaining financial stability and clear regulatory standards so that people can use new technologies both reliably and safely. The Government b...

    Source: Written answer

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