🔍📋 UK crypto firms struggle with compliance, as BeInCrypto reports a SmartSearch study. 🇬🇧💼 Only 17% consistently meet customer verification requirements. Majority don't cross-check sanctioned or politically significant persons (PEPs) and new customer lists. Martin Cheek of SmartSearch emphasizes the challenge of compliance, urging stricter research on customers. ⚖️🛡️ Staying compliant is crucial in the evolving crypto landscape. #CryptoCompliance #UKCrypto #BitcoinWorld