The UK government has raised concerns over crypto firms failing to report breaches of financial sanctions, highlighting gaps in compliance and increasing cyber threats from state-linked hackers. A newly released threat assessment by the Office of Financial Sanctions Implementation (OFSI) reveals that underreporting has likely persisted since 2022. Crypto and Sanction Breaches: Growing Regulatory Scrutiny … Continue reading UK Warns Crypto Firms Are Likely Underreporting Sanction Violations