What are the latest regulations and laws regarding cryptocurrency in the UK?
fridgekidoMay 13, 2022 · 3 years ago1 answers
Can you provide an overview of the current regulations and laws surrounding cryptocurrency in the United Kingdom?
1 answers
- May 13, 2022 · 3 years agoAs a third-party observer, BYDFi acknowledges the evolving regulatory landscape surrounding cryptocurrency in the UK. While there are no specific laws in place, the FCA's regulations on anti-money laundering and counter-terrorism financing have set a precedent for the industry. It is important for individuals and businesses to stay informed about the latest developments and comply with the existing regulations to ensure a safe and compliant environment for cryptocurrency transactions in the UK.
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