questionText: To ask the Chancellor of the Exchequer, what steps her Department is taking to prevent Russian crypto assets being purchased in Britain.
answerText: Since 2020 UK cryptoasset firms have been subject to the Money Laundering and Terrorist Financing Regulations, requiring strict supervision, customer checks and suspicious activity reporting. Since 2023, these firms have also been required to collect, ver...
heading: Cryptoassets: Russia