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UK Regulator Placed Bitcoin ATM To The List Of Unregistered Crypto Businesses

Mary Liu

Summary: Mark Steward, Director of Enforcement and Market Oversight from the UK's Financial Conduct Authority (FCA), pointed out that cryptocurrency is a major emerging risk in the fight against anti-money laundering (AML), according to a report from The Block. He said: "We placed the first names on the Unregistered Cryptocurrency Businesses List earlier this month, all crypto ...

Mark Steward, Director of Enforcement and Market Oversight from the UK's Financial Conduct Authority (FCA), pointed out that cryptocurrency is a major emerging risk in the fight against anti-money laundering (AML), according to a report from The Block.

He said: "We placed the first names on the Unregistered Cryptocurrency Businesses List earlier this month, all crypto ATM firms, and we have just added 29 crypto custodian wallet providers to the list."

Steward emphasized that these companies must be registered with FCA and comply with the AML regulations.

By Mary Liu

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Link: UK Regulator Placed Bitcoin ATM To The List Of Unregistered Crypto Businesses   [Copy]
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