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UK ‘Travel Rule’ Guidance Set Out by FCA as Stricter Rules Halt PayPal Crypto Business

August 21, 2023
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Controversial new measures referred to as the journey rule, requiring crypto operators to determine the sender and recipient of funds transfers, are already legislated to take impact within the U.Ok. as of Sept. 1. Whereas the money-laundering norms haven’t but been absolutely carried out the world over, the U.Ok.’s upcoming stricter guidelines, together with for promoting, have already put a halt to the crypto enterprise of firms equivalent to PayPal.



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Tags: BusinesscryptoFCAGuidanceHaltPayPalRuleRulessetStricterTravel
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