The UK's Financial Conduct Authority (FCA) has established a dedicated enforcement team to handle cryptocurrency cases, consisting of 3 directly hired and 12 seconded personnel. The team will be responsible for conducting AML checks on crypto businesses, penalizing violators (such as a £3.5 million fine on CB Payments), and promoting new capital rules and insider trading regulations. The FCA emphasizes that although the registration process remains lengthy (with an average review duration of 317 days), it will provide more guidance and preparatory application services, aiming to strengthen governance mechanisms while ensuring operators can enter the market, reflecting the gradual maturity of the UK's cryptocurrency regulatory logic.


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