[2018-06-14]UK Authority Warns Banks to Strengthen Scrutiny on Cryptocurrency Cl

[Vladdirescu87]

UK Authority Warns Banks to Strengthen Scrutiny on Cryptocurrency Clients

The United Kingdom’s Financial Conduct Authority (FCA) has officially asked bank CEOs to ‘enhance scrutiny’ in order to avoid the financial scams related to digital currencies. The watchdog also suggested banks create a special expertise for their staff helping them to identify financial activities of a high-risk.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/banks-to-strengthen-scrutiny-on-cryptocurrency-clients/

[DooMAD]

Personally, I'd rather see the FCA placing more of their attention on the idiots who keep losing peoples' card details.  That affects a far greater number of ordinary people who are just going about their everyday lives than the relatively small numbers who fall victim to crypto scams.  Priorities much?