The Fintech Files

Crypto firms struggle for FCA approval

Your guide to the week’s biggest fintech stories

The markets watchdog is still concerned about criminals cashing in on digital assets
The markets watchdog is still concerned about criminals cashing in on digital assets Photo: Hollie Adams/Getty Images

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Crypto firms are still finding it difficult to pass the Financial Conduct Authority’s anti-money laundering checks, as the City watchdog’s approval rate has fallen again in the latest data.

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