---
title: "87% of crypto registrations failed in UK over ‘weak’ fraud, AML controls"
url: https://diffcoin.com/87-of-crypto-registrations-failed-in-uk-over-weak-fraud-aml-controls/
description: "Only 4 out of 35 crypto business registrations were accepted by the UK Financial Conduct Authority citing concerns with money laundering adherence. Source…"
published: 2024-09-06
updated: 2024-09-06
author: "Mila"
site: "Diffcoin"
---

# 87% of crypto registrations failed in UK over ‘weak’ fraud, AML controls

Only 4 out of 35 crypto business registrations were accepted by the UK Financial Conduct Authority citing concerns with money laundering adherence.

[Source link](https://cointelegraph.com/news/87-percent-crypto-registrations-failed-uk-money-laundering-controls?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)