CoinGape
2024-05-02 01:15:46

Crypto In Spotlight as UK FCA Unveils Money Laundering Report

The Financial Conduct Authority (FCA) has highlighted the potential for exploitation in the cryptocurrency sector for money laundering activities. In a recent risk assessment report covering 238 firms, the FCA included crypto firms among the highest risk categories alongside retail and wholesale banking and wealth management sectors. The FCA, a financial regulator in the U.K., The post Crypto In Spotlight as UK FCA Unveils Money Laundering Report appeared first on CoinGape .

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