UK Crypto Firms Must Now Report Sanctions Breaches

UK Crypto Firms Must Now Report Sanctions Breaches, Customers’ Accounts May Be Frozen

– The U.K. has joined the U.S. and European Union in explicitly including crypto in its sanctions rules.
– This comes after concerns that digital assets were being used to circumvent restrictions imposed after Russia invaded Ukraine.
– The U.K.’s sanctions rules extend to crypto.

QWVFONQBQ5AJTEB4IYGK6XTU5E UK Crypto Firms Must Now Report Sanctions Breaches, Customers' Accounts May Be Frozen

Leave a Reply

%d bloggers like this: