Home Cryptocurrency UK FCA Says 87% of Crypto Registration Applications Were Withdrawn or Failed to Make the Grade

UK FCA Says 87% of Crypto Registration Applications Were Withdrawn or Failed to Make the Grade

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“Over 87% of crypto registrations were rejected, withdrawn or refused,” the FCA said. “We help firms applying for authorisation by communicating our expectations and issuing guidance on good and poor practice. This is helping firms understand what is required – 44 crypto firms now have money laundering registration.”

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