FCA refuses crypto registration for insufficient controls to prevent sanctions evasion

19 March 2025

FCA refuses crypto registration for insufficient controls to prevent sanctions evasionMehaniq/Shutterstock.com

The UK Financial Conduct Authority (FCA) has refused Zeux Limited’s application to register as a cryptoasset exchange provider under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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