Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
UK Treasury seeks to improve anti-money laundering with cryptocurrency regulatory reform

UK Treasury seeks to improve anti-money laundering with cryptocurrency regulatory reform

CointimeCointime2024/03/13 00:15
By:Cointime

The UK Treasury has released a consultation document on changes to anti-money laundering regulations, which will impact the regulation of cryptocurrency assets in various ways. The proposed changes stem from a review of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR) in 2022. The proposed changes aim for "smarter regulation": "This includes minimizing regulatory burdens and future-proofing regulation, making regulation a last resort rather than a first choice, and ensuring that regulatory agencies operate well, are responsive and accountable." The document adds, "Regulatory agencies can only be effective with strong regulatory systems in place."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BTC/ETH VIP Earn Ultimate Carnival is officially here!

Bitget Announcement2025/09/18 07:12

New spot margin trading pair — FLOCK/USDT!

Bitget Announcement2025/09/18 06:55

0GUSDT now launched for pre-market futures trading

Bitget Announcement2025/09/18 05:39