Written questions

Cryptoassets: Cybersecurity

Commons · Question 27818 · Tabled 7 Sep 2026 · Treasury · Official record

Answered 9 Sep 2026

Question

Asked by Lizzi Collinge

To ask the Chancellor of the Exchequer, what assessment his Department has made of the adequacy of cybersecurity requirements applying to hardware wallets used to store private keys for cryptoassets.

Answer

Answered by Lucy Rigby, 9 Sep 2026

The Government legislated in February of this year to establish a financial services regulatory regime for cryptoassets. This regime requires firms to be authorised by the Financial Conduct Authority (FCA) where they are undertaking regulated activities i...