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Government: Cryptoassets

Asked by Charlie DewhirstConservativeTreasuryTabled Answered 8 September 2025UIN 73352

The question

To ask the Chancellor of the Exchequer, pursuant to the Answer of 4 August 2025 to Question HL9820 on Cryptocurrencies, whether the Government’s crypto-asset holdings are deemed to be held in the Consolidated Fund under the Exchequer and Audit Departments

Answered by James Murray

The Consolidated Fund is a sterling denominated fund and therefore does not hold cryptocurrencies. Departments are responsible for applying relevant accounting standards on a case by case basis to value any assets held.

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