Financial Services Financial Services

Crypto businesses seem unwilling to seriously engage with UK regulatory regime, FCA chair says

By Phoebe Seers
  • 08 Mar 2023 17:55
  • 08 Mar 2023 17:55
Cryptoasset businesses are unlikely to be willing or able to adapt to the same regulatory expectations as faced by traditional financial services firms, the chair of the UK’s financial markets watchdog has said.
Ashley Alder, who was appointed to chair the Financial Conduct Authority last month, told UK lawmakers today

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Phoebe Seers

Correspondent


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

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