The new requirements focus on the identification and assessment of risks of money laundering and terrorist financing.To get more news about WikiFX, you can visit wikifx news... moreThe new requirements focus on the identification and assessment of risks of money laundering and terrorist financing.To get more news about WikiFX, you can visit wikifx news official website. The UKs Financial Conduct Authority (FCA) is poised to take a larger role in crypto matters, having assumed new supervisory roles with regards to crypto assets. The FCA has consistently remained at the forefront of most regulatory edicts, with the jurisdiction clamping down on problematic operations and practices over the past year via several warnings and policies. The latest move will see the FCA become both AML and CTF supervisor of UK crypto asset activities. As such, any and all businesses in the UK engaging in crypto activities will be grandfathered into this regime and fall under the scope of its jurisdiction Consequently, the FCA will require all crypto asset businesses to adhere to several new preventative measures and policies aimed at curbing abuse. The move is hardly... less