questionText: To ask the Chancellor of the Exchequer, what assessment her Department has made of the adequacy of (a) funding and (b) resourcing for the Financial Conduct Authority for effective regulation of the cryptoasset sector.
answerText: Since January 2020, certain cryptoasset firms have been required to register with the Financial Conduct Authority (FCA) under the UK’s Money Laundering and Terrorist Financing Regulations (MLRs). To date, 51 cryptoasset firms have been registered with the...
heading: Cryptoassets: Regulation