| Heading: |
Digital Assets: Licensing |
| Question ID: |
1796783 |
| UIN: |
47627 |
| House: |
Commons |
| Date tabled: |
2025-04-24 |
| Asking Member ID: |
1447 |
| Asking Member display name: |
Andrew Rosindell
|
| Asking Member handle: |
AndrewRosindell
|
| Asking Member Twitter reference: |
@AndrewRosindell
|
| Member interest: |
false |
| Question text: |
To ask the Chancellor of the Exchequer, what the average processing time was for applications by (a) crypto and (b) digital asset businesses to the Financial Conduct Authority in the latest period for which data is available. |
| Is named day: |
false |
| Date of holding answer: |
|
| Date answered: |
2025-05-02 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4077 |
| Answering Member display name: |
Emma Reynolds
|
| Answering Member handle: |
emmaforwycombe
|
| Answering Member Twitter reference: |
@emmaforwycombe
|
| Correcting Member ID: |
|
| Correcting Member display name: |
|
| Correcting Member handle: |
|
| Correcting Member Twitter reference: |
|
| Answer text: |
The Government launched an anti-money laundering and counter-terrorist financing regime for cryptoassets in January 2020. This means UK cryptoasset exchange providers and custodian wallet providers are now in scope of the UK’s Money Laundering and Terrori... |
| Original answer text: |
|
| Comparable answer text: |
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| Answering body ID: |
14 |
| Answering body name: |
Treasury |
| Tweeted: |
true |