Financial Times: The future head of the British FCA called for more severe crypto regulation – Bits Media

Worked, which in January will become the chairman of the financial regulator of Great Britain (FCA), considers, that the shocks of the cryptocurrency market indicate the need for more hard sphere regulation.

As reports the publication of Financial Times, Worked (Ashley Alder) turned to members of the parliament demanding to tighten the requirements for cryptocurrency platforms. According to the official, Often cryptocurrency firms “deliberately evade” from the implementation of British laws. Besides, In his opinion, Such companies have become a "laundering method on a large scale".

As an argument, the future chairman of FCA noted, that at the moment is about 85% working with digital assets of firms, submitting an application for registration in FCA, The tests for compliance with the requirements for countering the laundering of income have failed.

After the collapse of the Terra ecosystem and the bankruptcy of the FTX cryptocurrency exchange in the political circles of Great Britain, the desire to tighten the regulation of the sphere is noticeable. for instance, Recently reported, that on the territory of foggy Albion can prohibit the work of cryptocurrency firms with foreign registration. Seems to be, The future chairman of the British regulator adheres to the same strategy.