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Islamic Revolutionary Guard Corps: Cryptocurrencies

Asked by Dr Rupa HuqLabourForeign, Commonwealth and Development OfficeTabled Answered 5 February 2026UIN 109571

The question

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment her Department has made of the potential implications for its policies of reports of the use of cryptocurrency exchanges by the Iranian Revolutionary Guard Corps via UK-based platforms.

Answered by Mr Hamish Falconer

As I said when this issue was raised in the Urgent Question debate on 19 January, we have a robust sanctions enforcement regime in place, and - while it would not be appropriate to comment on individual cases - we will continue to investigate and take action against any individuals and entities, including cryptocurrency exchanges, involved in any unlawful attempts to circumvent our sanctions regime.

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