Sure! Incoming UK FCA Chair Says That The Crypto Sector Deliberately Facilitates Money Laundering!
Ashley Alder, the incoming UK FCA chair, presents himself as a crypto skeptic. Well, that's not too hard, given the recent developments around FTX. At a cross-party Treasury select committee, Alder said that crypto companies facilitate money laundering. The FCA currently has oversight to check that crypto firms have effective anti-money laundering, but generally, crypto assets themselves are not regulated. The UK Treasury plans to regulate the crypto and give the FCA more power to do so.