In “FCA Leaves Crypto Firms in Limbo as Registration Deadline Looms” (18 March 2022, Financial Times), Juan Zarate comments on delays in the registration process as crypto firms seek to join the UK Financial Conduct Authority’s (FCA) list of registered crypto firms—a requirement for running a digital assets firm in the UK. Juan noted: “The UK has always been seen as a jurisdiction welcoming of innovation by fin/reg tech companies, with a regulatory openness to new technologies, platforms, and even the crypto economy. The recent regulatory friction with the FCA’s [anti-money laundering] crypto register does not alter that view or the landscape fundamentally.”
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