To ask the Chancellor of the Exchequer, how many (a) crypto and (b) digital asset firms have been granted licences to operate by the Financial Conduct Authority; and how many and what proportion of applications were rejected in the last three years.
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...
Digital Assets: Licensing