CryptoSlate
2021-06-04 16:00:31

UK authorities say crypto firms ‘fall short’ of AML rules

Britain’s Financial Conduct Authority (FCA) said yesterday that numerous crypto businesses are withdrawing their application to legally register, while failing to meet anti-money laundering and counter-terrorism financing rules. From the beginning of 2020, businesses performing cryptocurrency activities in the UK needed to comply with the amended Money Laundering, Terrorist Financing and Transfer of Funds (Information […]The post UK authorities say crypto firms ‘fall short’ of AML rules appeared first on CryptoSlate.

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