Question to the Home Office:

To ask the Secretary of State for the Home Department, what the is value is of (a) Bitcoin and (b) other cryptocurrency held by the Government.

The Government does not hold any cryptocurrencies, including Bitcoin.

The Proceeds of Crime Act 2002 (POCA) contains powers to deprive criminals of their money, or other property connected to criminal activity, and recover the proceeds of crime, including cryptocurrencies. As with all assets, action to seize, recover and manage cryptoassets is for independent law enforcement bodies and the courts to consider.

We do not routinely publish the amount recovered under the Proceeds of Crime Act 2002 by asset type. We publish annual statistics on the amount of proceeds of crime confiscated and recovered as detailed on GOV.UK Asset recovery statistics: financial years ending 2019 to 2024 - GOV.UK (www.gov.uk).