UK ‘Journey Rule’ Steerage Set Out by FCA as Stricter Guidelines Halt PayPal Crypto Enterprise

by Jeremy

Controversial new measures generally known as the journey rule, requiring crypto operators to establish the sender and recipient of funds transfers, are already legislated to take impact within the U.Ok. as of Sept. 1. Whereas the money-laundering norms haven’t but been totally carried out internationally, the U.Ok.’s upcoming stricter guidelines, together with for promoting, have already put a halt to the crypto enterprise of firms akin to PayPal.

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