Скачать или смотреть UK FCA introduces crypto rules for crypto firms

Big news for the crypto world, and it's coming straight from the UK Financial Conduct Authority. New regulations are being rolled out, bringing crypto firms in line with traditional financial standards. Think stricter capital requirements, robust anti money laundering measures, and even insider trading controls. Why does this matter? Let's look at the numbers. A recent report from Chainalysis revealed that 20.1 billion worth of cryptocurrency transactions last year were linked to illicit activities. That's up by 40 percent from 2022. The FCN knows this is unsustainable and they determined to change the narrative.

For CROs, this is your call to action. These new rules will significantly impact your institution's relationship with crypto firms. If you're exposed to digital assets, whether for partnerships, investments, or custody services, you need to assess compliance readiness immediately.

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