British FCA will now be responsible for monitoring counter-terrorist funding and anti-money laundering (AML) activities related to companies operating in the crypto realm. Authorities in Britain have announced that the Financial Conduct Authority (FCA) will check whether cryptocurrency firms operating in the United Kingdom adhere to the country’s relevant guidelines on AML or not. Britain’s crypto regulations are somewhat less clear compared to other crypto-friendly nations. Over the years, it has warmed up to the crypto realm. What British FCA wants from the crypto businesses The official announcement further mentions the exact requirements expected from the crypto businesses operating in