Crypto services from abroad restricted in the UK under Rishi Sunak's reign?
Despite the incoming Prime Minister Rishi Sunak’s verbal support for cryptocurrencies, the planned regulatory framework is expected to increase business monitoring.
Although the study did not go into further detail on those limits, it is conceivable that they would be put into place to compel the companies to register with the FCA. According to FCA Chief Executive Nikhil Rathi, the process is arduous enough, as 85% of the applicants failed the FCA’s anti-money laundering tests.
The investigative journalist who covered the investments made by British football fans under the influence of cryptocurrency advertisements will also speak during the session.
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