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UK forcing AML regulations on cryptocurrency exchanges, ATMs, and open-source wallets

The UKโ€™s Financial Conduct Authority is cracking down on cryptocurrency exchanges, ATMs, and open-source projects like wallet providers. These services will have to comply with anti-money laundering regulations by 2020, imposing banking-style controls over crypto in the nation. The bombshell came as part of the FCAโ€™s newly released policy statement on cryptocurrency, โ€œPS19/22: Guidance on […]

UK forcing AML regulations on cryptocurrency exchanges, ATMs, and open-source wallets