UK FCA crypto expertise hole is inflicting sluggish enforcement, says Nationwide Audit Workplace
[ad_1] The Nationwide Audit Workplace (NAO) in the UK has raised issues concerning the effectiveness of the Monetary Conduct Authority (FCA) in regulating the cryptocurrency business.In a current report titled 'Monetary companies regulation: adapting to alter,' the NAO has claimed that the FCA is being sluggish to reply and take motion in opposition to illicit actions within the crypto business.Excessive workers turnover charges and an absence of specialist expertise enhance