Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues
The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.
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The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.
The payments firm now operates in over 100 countries and territories globally.
The two suspects were interviewed under caution by the FCA and then released on bail.
The government, which has adopted a pro-crypto stance, must hold a general election by end-January.
Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed.
New powers that will help law enforcement agencies seize crypto used for crime came into effect on Friday, the U.K Home Office said in a press release.
Members of the industry have complained that the regulator takes too long to approve crypto applications.
The DSS will last five years and could lead to a new regulatory regime for securities settlement.
Judge James Mellor found earlier this month that Wright was not, as he’d claimed, Bitcoin inventor Satoshi Nakomoto
“The use of memes in promotions is particularly prevalent in the crypto-asset sector,” the FCA’s guidance said.