Nearly 90% of crypto registrations in UK failed due to ‘weak’ fraud, AML controls
The UK Financial Conduct Authority only accepted four out of 35 crypto business registrations, citing concerns with money laundering compliance.
The UK Financial Conduct Authority only accepted four out of 35 crypto business registrations, citing concerns with money laundering compliance.
Original source
Read on CointelegraphRelated market context
Crypto exchanges are opening a two-front war for the stock market
Binance, Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps, making a direct play for the...
Kevin De Bruyne looks forward to enjoying fourth World Cup, and his crypto ties run deeper than you think
De Bruyne's relaxed World Cup approach and crypto ties highlight evolving athlete roles, blending sports enjoyment with financial...
ZachXBT: Canada More Negligent On Crypto Fraud Than India or Nigeria
Onchain investigator ZachXBT said he has begun turning away all fraud victims in Canada, calling the country’s law enforcement res...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Sam Bankman-Fried loses appeal against crypto fraud conviction
The ruling underscores the judiciary's commitment to equating crypto fraud with traditional financial crimes, setting a stern prec...
Liberland fires tech sec for seizing blockchain and blocking president’s vote
Justin Sun’s made-up micronation Liberland has fired its secretary of technology after he allegedly blocked President Vít Jedlička...