UK FCA defends tough crypto rules to prevent money laundering and maintain market integrity

UK’s Financial Conduct Authority (FCA) has defended its tough regulatory environment for crypto businesses in an Oct. 21 blog post by Val Smith, the regulator’s head of payments and digital assets. In the post, Smith noted that industry experts have claimed that the UK’s “approach could stunt innovation” and it could also impact the country’s […] source: https://cryptoslate.com/uk-fca-defends-tough-crypto-rules-to-prevent-money-laundering-and-maintain-market-integrity/