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

August 17, 2023
in Crypto Updates
Reading Time: 1 min read
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Controversial new measures generally known 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 applied internationally, the U.Ok.’s upcoming stricter guidelines, together with for promoting, have already put a halt to the crypto enterprise of firms comparable to PayPal.

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Tags: BusinessCryptoFCAguidanceHaltPayPalruleRulesSetStricterTravel
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