Carlo⚖️@DeFiDefenseLaw

2 years ago

The DeFi Defender: Edition 201: UK Regulator Rejects Vast Majority of Crypto Registrations Due to “Weak” AML/KYC Concerns Once again, the biggest regulatory hurdle for crypto start-ups is a lack of rubost AML/KYC procedures. The UK's Financial Conduct Authority (FCA) has set an… https://t.co/L539Rb6J3x

BSCN Headlines@BSCNheadlines

2 years ago

JUST IN: NEARLY 90% OF CRYPTO FIRMS SEEKING REGISTRATION IN THE UK FAILED TO MEET FCA STANDARDS IN THE PAST 12 MONTHS, ACCORDING TO THE FCA 2024 ANNUAL REPORT

DL News@DLNewsInfo

2 years ago

Almost 90% of UK crypto firms have had their applications rejected by the Financial Conduct Authority for one key reason, according to a new report. Firms must register with @TheFCA if they want to offer services like crypto trading or providing wallets. The financial markets…