FCA Proposes Crypto Crime Guidance On Wallet Checks And Blockchain Analytics

TL;DR: The FCA is consulting on updated financial crime guidance for crypto businesses, including customer checks, blockchain analytics and the Travel Rule. Responses are due December 24, and the guide itself would not create new rules.
Crypto businesses preparing for the UK’s expanded regulatory regime have a more detailed picture of the controls the Financial Conduct Authority expects them to build.
The regulator’s October 23 consultation proposes changes to its Financial Crime Guide, cove