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United Kingdom · Question · Written question

UIN 62521

Bank Services: Cryptoassets

answeredUnited Kingdom· UK Parliament· EN

Introduced

24 June 2025

Last action

2 July 2025 · Answer

Status

Answered

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Discovery layer

Source updated

2 July 2025

Summary

To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that UK banks do not apply blanket restrictions to cryptoasset businesses.

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

Timeline

  1. 24 June 2025

    Written question

    To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that UK banks do not apply blanket restrictions to cryptoasset businesses.

    Source: Commons

  2. 2 July 2025

    Answer

    The Government is aware that cryptoasset firms are facing challenges associated with access to banking services, and it is engaged with the sector on these matters. Whilst the Government recognises that such decisions are commercial in nature, we also exp...

    Source: Written answer

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