Quoted from hansard.parliament.uk on Mar 3rd, 2022
In standing four-square with the people of Ukraine, it is important that we really make sanctions work and the Government have led the world in doing that. Crypto- currencies have been widely used to evade sanctions. Will my right hon. Friend look into that matter?
Analysis on Stance
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This statement reflects a negative stance, focusing on the use of cryptocurrencies to evade international sanctions, particularly in the context of the war in Ukraine. While it acknowledges the UK’s leadership on sanctions, it frames crypto as a vulnerability or threat to the effectiveness of those efforts, and calls for greater scrutiny.