# UK Trade Body Urges Chancellor To Step In Over Crypto Register Saga By Coinness Canonical URL: https://www.tokenpost.com/news/investing/7426 Published: 2021-03-15T10:51:03.000Z Updated: 2021-03-15T10:51:03.000Z Section: Investing > 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. [Coinness]() ## Links in this article - [Coinness](https://coinness.com)