Source: Coindesk.com
The Financial Conduct Authority said more 87% of crypto registrations received in 2023-24 fell short of meeting approval standards. The FCA has been overseeing the crypto sector in the U.K. and registering firms under its anti-money laundering rules since 2020.
The U.K.'s financial regulator said a full 87% of crypto companies
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Source: Coindesk.com