Crypto firms not meeting AML standards, says UK minister By Cointelegraph

Crypto companies not fulfilling AML criteria, claims UK preacher

Cryptocurrency companies in the United Kingdom have actually been battling to fulfill Anti-Money Laundering criteria established by the Financial Conduct Authority, according to an elderly authorities.

John Glen, a participant of U.K. Parliament as well as the financial assistant to the Treasury, mentioned significant problems in the procedure of signing up crypto companies under the FCA’s AML policies in main discuss Friday.