Incoming TheFCA chair thinks crypto firms like FTX_Official are deliberately evasive. Reports camomileshumba
The FCA is currently registering crypto companies so that they can operate in the country and comply with its anti-money laundering rules.
It is hoping to get more powers to regulate the crypto sector and ensure consumers are protected once the Financial Services and Markets Bill passes but currently warns people that they should"I think more importantly from a public's perspective, is that the way in which they bundle a whole set of activities which are normally segregated, in conventional finance gives rise to massively untoward risk," Alder said at the meeting talking about crypto firms.
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