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/