Charles Randell: "Cryptoses exerted political pressure on the UK" – Bits Media

Former Chairman of the UK Financial Supervision Office (FCA) stated, what was faced with the "political pressure" of the cryptocurrency, who are now under the close attention of the US authorities.

At a conference in London, the former head of FCA Charles Randell (Charles Randell) told, that the participants of the crypto industry tried to put pressure on it. This happened, when the official had to decide: Should some cryptocurrency organizations should give permission to work in the UK. Randell did not call specific companies, However, he noted: Now their activities are investigated by the US Department of Justice.

“As for cryptocurrencies, When I worked as chairman FCA, The regulator was forced to be more loyal to cryptocurrencies. Although the FCA has held a position, that this is not a very good idea ", - said Randell.

In December 2022 The US authorities have accused the founder of the bankrupt cryptocurrency FTX Sam Bankman-Fried (Sam Bankman-Fried) in a conspiracy for fraud. He was also charged with criminal charges, related to illegal political donations. Binance's largest crypto -rope also conducts a trial with the US Securities and Exchange Commission (SEC). In June, SEC sued Binance and its founder Chanpen Zhao (Changpeng Zhao), Having accused of violation of federal laws on securities.

At the beginning of the year, the British regulator reported, What about 85% Cryptoform, Application for the FCA license, did not comply with the rules for combating money laundering (AML). They say FCA, that many key employees of crypto companies lacked knowledge and experience to effective risk control.