Bank Services: Cryptoassets
Commons · Question 51762 · Tabled 12 May 2025 · Treasury · Official record
Answered 20 May 2025
Question
Asked by Gregory Stafford
To ask the Chancellor of the Exchequer, what steps she is taking to ensure that banks apply case-by-case assessments to banking services for (a) crypto asset businesses and (b) their customers; and whether she plans to have discussions with (i) the indust
Answer
Answered by Emma Reynolds, 20 May 2025
The Government recognises that access to banking services is critical for operating a business, and is a matter of concern for certain sectors in particular such as the digital asset industry. The Government continues to engage with the banking sector and...