Print this article
UK extends Temporary Registration Regime for crypto-asset businesses
Chris Hamblin
18 June 2021
The regulator established the TRR last year to allow existing crypto-asset firms that applied for registration before 16 December 2020 to continue trading while waiting to receive it. A significantly high number of businesses are not satisfying the rigorous requirements of the Money Laundering Regulations, according to the regulator. An unprecedented number of them have therefore withdrawn their applications.