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Add as a preferred source on GoogleUK Trade Body Urges Chancellor To Step In Over Crypto Register Saga
CryptoUK, the trade association representing more than 50 crypto firms, has called on chancellor Rishi Sunak to intervene over a delayed anti-money laundering registration process that has trapped hundreds of crypto s…
CryptoUK, the trade association representing more than 50 crypto firms, has called on chancellor Rishi Sunak to intervene over a delayed anti-money laundering registration process that has trapped hundreds of crypto startups in limbo.
In a letter dated March 15 and seen by The Block, CryptoUK chair Ian Taylor wrote that the Financial Conduct Authority’s lack of responsiveness and sector expertise risked a raft of businesses either leaving the country or shutting up shop.