Question to the Foreign, Commonwealth & Development Office:

To ask Her Majesty's Government what plans they have to impose sanctions to restrict the transfer of money in and out of Russia in the form of cryptocurrencies.

The Prime Minister has announced the largest and most severe package of economic sanctions Russia has ever seen. Acting in concert with our allies, our measures will deliver a devastating blow to Russia's economy and military for years to come. We will also introduce a further Economic Crime Bill to enact the full set of reforms to Companies House, as well as new measures on anti-money laundering; seizing cryptocurrencies; and tackling the abuse of corporate structures used to facilitate crime.