🇬🇧 UK's top financial watchdog, the FCA, has flagged crypto firms as a "greatest risk" for money laundering. 🕵️‍♂️ In its recent report, it revealed that these firms are among the top 4 most vulnerable to financial crimes. The period between 2022 and 2023 saw a total of 52.8 full-time specialists overseeing Anti-Money Laundering cases, with nearly a third focusing on crypto firms.

In response, the UK is tightening its crypto regulations, with the Treasury aiming to present a full framework by July. 📜

What's your take on this? Are stricter regulations a necessary evil for the crypto world? 🤔 Let's discuss below! 👇

P.S. In other news, 68% of Runes are in the red. Are they really a Bitcoin upgrade? 🧐