Question follow-through · 47627
Digital Assets: Licensing
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.
About this written question
A written question asks a government minister for information in writing. Parliament publishes the question and any answer.
- Answering body
- Treasury
- Tabled
- 24 Apr 2025
- Target answer date
- 28 Apr 2025
- Answer
- 2 May 2025 · 8 calendar days after tabling
Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.
Recorded timeline
24 Apr 2025
Question tabled
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.
28 Apr 2025
Target answer date
Date supplied by the official written-questions record.
2 May 2025
Answer published
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...
Official data retrieved 28 Sept 2026.
Later records
Possible follow-up questions
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