Reading Time: 2 minutes The FCA has said that a large number of crypto firms are still failing to meet money laundering standards The authority has extended its registration scheme for eight months following mass withdrawals The FCA is worried about crypto companies operating illegally after withdrawing The Financial Conduct Authority (FCA), the UK’s financial watchdog, has warned that British crypto firms are failing to meet anti money laundering standards and has extended a temporary registration scheme for another eight months. In an update posted on their website, the FCA said that the scheme is being extended to help cryptocurrency firms meet the standards
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