A question on #Cryptocurrencies #Fraud tabled by Sarah Hall on 16-06-2025 has been answered by Emma Reynolds.

Heading: Cryptocurrencies: Fraud
Question ID: 1813164
UIN: 60351
House: Commons
Date tabled: 2025-06-16
Asking Member ID: 5154
Asking Member display name: Sarah Hall
Asking Member handle: sarah_hall81
Asking Member Twitter reference: @sarah_hall81
Member interest: false
Question text: To ask the Chancellor of the Exchequer, what estimate her Department has made of financial losses to consumers caused by cryptocurrency-related scams; and what steps she is taking to improve (a) prevention, (b) enforcement and (c) consumer protection for
Is named day: false
Date of holding answer:
Date answered: 2025-06-24
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 Financial Conduct Authority (FCA)’s most recent consumer research publication provides indications of the levels of cryptoasset related fraud in the UK. This research is available online at: https://www.fca.org.uk/publication/research-notes/cryptoasse...
Original answer text:
Comparable answer text:
Answering body ID: 14
Answering body name: Treasury
Tweeted: true