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1583251
registered interest false more like this
date less than 2023-02-02more like thismore than 2023-02-02
answering body
Foreign, Commonwealth and Development Office more like this
answering dept id 208 more like this
answering dept short name Foreign, Commonwealth and Development Office more like this
answering dept sort name Foreign, Commonwealth and Development Office more like this
hansard heading Belarus and Russia: Cryptocurrencies more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, for what reason the Government has not sanctioned cryptocurrency mixers in the context of the (a) Russia, (b) Belarus and (c) wider sanctions' regimes. more like this
tabling member constituency Cardiff South and Penarth more like this
tabling member printed
Stephen Doughty remove filter
uin 138323 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-02-08more like thismore than 2023-02-08
answer text <p>The UK Government does not speculate on possible future designations. To do so could reduce the impact of the designations. Since 30 August 2022, UK cryptoasset businesses have been required to report certain information to the Treasury when encountering a designated person, or where they become aware of a breach of financial sanctions regulations. Failure to comply with these reporting obligations is an offence and can result in a criminal prosecution or a fine. The UK is actively engaging internationally through the Financial Action Task Force to ensure that the illicit finance risks represented by cryptoassets are mitigated at a global level.</p> more like this
answering member constituency Berwick-upon-Tweed more like this
answering member printed Anne-Marie Trevelyan more like this
question first answered
less than 2023-02-08T15:40:08.347Zmore like thismore than 2023-02-08T15:40:08.347Z
answering member
4531
label Biography information for Anne-Marie Trevelyan more like this
tabling member
4264
label Biography information for Stephen Doughty more like this