UK authorities say crypto firms ‘fall short’ of AML rules

Irish Central Bank official says cryptos like Bitcoin are a ‘great concern’

Derville Rowland, Ireland Central Bank’s Director-General for Financial Conduct, said in an interview with Bloomberg today that cryptocurrencies such as Bitcoin are “of great concern.” The bank’s official also addressed crypto investors saying “crypto-assets are quite a speculative, unregulated investment,” warning them to be “really aware they could lose the whole of that investment.” One […]

2 min read → Source: https://cryptoslate.com/uk-authorities-say-crypto-firms-fall-short-of-aml-rules/