86% of UK Crypto Firms Fall Short of Anti-Money Laundering Standards, FCA Reveals

86% of UK Crypto Firms Fall Short of Anti-Money Laundering Standards, FCA Reveals


ZyCrypto
2023-01-31 21:43:46

On Friday, the UK Financial Conduct Authority (FCA) revealed that only 41 crypto firms had passed its regulatory approval scrutiny out of 300 applicants.