“Lower standards could leave open our market to abuse by those who seek to launder criminally made cash, damaging market integrity and confidence in financial markets,” Pritchard said. “Instead, we take a longer view. Crypto’s success – and the success of any base for crypto firms – relies on trust being built and maintained.”

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• Source: https://www.coindesk.com/policy/2024/04/18/protecting-crypto-users-is-more-important-than-faster-uk-registration-fca-executive/?utm_medium=referral&utm_source=rss&utm_campaign=headlines