UK FCA Sluggish to Take Enforcement Motion on Crypto Corporations, the Nationwide Audit Workplace Says

by Jeremy

The FCA has required crypto companies to register to adjust to the nation’s anti-money laundering rules since January 2020. Though it then started supervision work, together with participating with unregistered companies, “it didn’t start taking enforcement motion in opposition to unlawful operators of crypto ATMs till February 2023,” in keeping with the report.

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