Crypto Laundering a ‘Material Risk’ for UK Ahead of FATF Review: RUSI
Summary
A security think tank has warned that digital asset laundering poses a significant threat to the United Kingdom prior to an upcoming international assessment. Authorities must demonstrate their enforcement capabilities before comprehensive industry regulations are fully implemented.
Assessors visit in June 2027, months before full crypto rules take effect, leaving the UK to prove it can enforce against crypto laundering.
Source: Read the full story at Decrypt
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