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UK watchdog issues warning about 111 unregistered crypto asset firms

Britain’s markets watchdog said on Tuesday that more than 100 unregistered crypto asset firms posed a risk to the broader financial system and warned consumers, banks and payment services companies against dealing with them.

UK watchdog issues warning about 111 unregistered crypto asset firms
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  • Shared by KYC360
  • June 24, 2021
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Mark Steward, the Financial Conduct Authority’s (FCA) head of enforcement and market oversight, told City & Financial’s City Week event that such companies were high risk, volatile and unregulated – and 111 were operating in Britain without necessary registration.

Read more at the KYC360

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