The regulator, which is answerable for sustaining a registry of crypto corporations accredited for operations underneath the nation’s anti-money laundering necessities, may even seek the advice of on prudential guidelines for corporations engaged in crypto actions as soon as the “Treasury and Parliament bring those activities under our regulation,” the regulator mentioned in its annual report revealed Thursday.
The UK Financial Conduct Authority Is Designing Prudential Requirements for Firms Carrying out Crypto Activities
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