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Cryptocurrencies: 28943
Markets: 114119
Market Cap: $2,705,910,060,432     
24h Vol: $103,073,440,843
cryptonews 2022-12-16 09:46:00

Crypto Companies Enable Money Laundering, Warns Incoming FCA chair – Regulation Coming Soon?

Crypto Companies Enable Money Laundering, Warns Incoming FCA chair – Regulation Coming Soon?
Ashley Alder, the incoming chair of the UK’s Financial Conduct Authority (FCA), believes crypto firms are “deliberately evasive” and facilitate money laundering, asking for more regulations. During a virtual meeting, Alder told UK Treasury members on Wednesday that many crypto platforms are “deliberately evasive,” facilitate money laundering and create “massively untoward risk,” according to a report from Financial Times. ... Read More: Crypto Companies Enable Money Laundering, Warns Incoming FCA chair – Regulation Coming Soon?
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