Cryptocurrency Q&A
Who regulates business currency exchange services in the UK?
Who regulates business currency exchange services in the UK?
CryptoAlchemy
Tue Jan 07 2025
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6 answers
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I'm curious about the regulatory body that oversees business currency exchange services in the United Kingdom. Who is responsible for ensuring these services are operating within the law?
6 answers
InfinityEcho
Thu Jan 09 2025
The FCA plays a crucial role in regulating currency exchange services operating in the UK.
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CryptoTitan
Thu Jan 09 2025
It is mandatory for all such businesses to be under the supervision of the FCA.
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EclipseRider
Thu Jan 09 2025
The Financial Conduct Authority, or FCA, ensures that currency exchange specialists adhere to strict guidelines.
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SsangyongSpiritedStrengthCourageBravery
Thu Jan 09 2025
One of the primary responsibilities of the FCA is to guarantee that these businesses are adequately capitalized.
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CryptoLord
Wed Jan 08 2025
Furthermore, the FCA ensures that customers are treated fairly and with transparency.
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