Ashley Alder, the new Chairman of the UK Financial Services Authority (FCA), has suggested that cryptocurrencies facilitate money laundering.
According to the Financial Times (FT) report on December 15, the new FCA President Ashley Alder In his speech at a Treasury Committee meeting, he said that the regulations regarding the crypto money sector hardening should argued. Alder, cryptocurrencies black money laundering made it easier and legally the majority evasion to structures claimed they had. New president in England crypto business license take now much more difficult He emphasized that he would.
Alder, FTX or any other firm deliberately complicated legally structure, because they cause potential conflicts of interest with each other. that they consolidated multiple services that were kept separately stated. The new president will explain these factors to crypto companies. at a risky point claimed to be positioned.
Alder, currently FCA’s cannot provide adequate protection for consumers. about a perception He said he was aware of it. Just a few days after the new president officially took office. return support efforts He stressed that he would spend
Alder’s vision is that the UK government cryptocurrency center with the vision of making contradictory does not contradict about a did not comment.
On the other hand, he will begin his tenure at the FCA next February and is currently Hong Kong Securities and Futures Commission Acting as its chairman, Alder said he did not dominate the UK capital markets and accountability structures. came under intense criticism.