May 28, 2024

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Report: 30% of UK Watchdog’s Financial Crime Experts Focused on Crypto Businesses in 2022-23

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Report: 30% of UK Watchdog’s Financial Crime Experts Focused on Crypto Businesses in 2022-23
Report: 30% of UK Watchdog’s Financial Crime Experts Focused on Crypto Businesses in 2022-23According to a report, the Financial Conduct Authority, a watchdog for the financial services industry in the U.K., had 30% of its financial crime specialists focused on crypto-asset businesses. Assessments conducted by supervisors in the U.K. found that not only crypto-asset businesses, but nearly all participants in the country’s financial services sector, are susceptible to […]