Cryptoassets
Lords · Question HL3509 · Tabled 14 Sep 2026 · Treasury · Official record
Answered 28 Sep 2026
Question
Asked by Lord Taylor of Warwick
To ask His Majesty's Government what steps they are taking to address barriers faced by UK crypto asset firms in accessing banking services to support growth and competitiveness in the digital assets sector.
Answer
Answered by Lord Pitt-Watson, 28 Sep 2026
The Government is aware that cryptoasset firms are facing challenges associated with access to banking services, and is engaged with the sector on these matters. Whilst the Government recognises that decisions around the provision of banking services are...