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OFSI and partners clamp down on the abuse of cryptoassets

What the FCA said

We’re working closely with the Office of Financial Sanctions Implementation (OFSI), UK law enforcement, and our regulatory partners to tackle the abuse of cryptoassets and associated money‑laundering activities. Read the full blog on the OFSI’s website.

Published by FCA . Read the full notice at the source for the authoritative text.

Context

Financial Conduct Authority (FCA) — UK financial services regulator. We track 425 updates from them.

Financial services regulation in the UK, primarily overseen by the FCA and PRA. Browse all United Kingdom updates.

This update is classified under AML / Financial Crime, Authorisation & Licensing, Technology & Cyber and Payments & E-Money.

Relevant Firm Types

Crypto ExchangeFintechPayment ProviderBank
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