Financial Conduct Authority (FCA) Forces UK Banks To Adopt Certain Security Measures To Minimize Cryptocurrency Business Risks

Financial Conduct Authority (FCA) Forces UK Banks To Adopt Certain Security Measures To Minimize Cryptocurrency Business Risks

June 14, 2018

Financial Conduct Authority (FCA) Forces UK Banks To Adopt Certain Security Measures To Minimize Cryptocurrency Business Risks The Financial Conduct Authority (FCA) recommended banks to be more careful in their know-your-customer (KYC) operations. The financial monitoring department encouraged banks to be mainly…