Self-regulatory commerce affiliation CryptoUK has proposed a “whitelist” of UK-registered firms to method banks that limit or ban transactions for cryptocurrency companies.
March 21 in separate letters to UK Financial Secretary Andrew Griffith and members of the Monetary Conduct Authority and Cost Techniques Regulator CryptoUK mentioned many banks have began making use of blanket bans on doing enterprise with cryptocurrency firms “somewhat than taking a risk-based and case-by-case method.” The affiliation proposed making a “white checklist” of registered cryptocurrency firms, permitting them to freely conduct transactions with banks with out restrictions or the specter of bans.
Proceed studying Coin Telegraph.
