Text for Terms & Conditions
T's & C's: Cryptocurrency - Further investigation
- Change date
- 14/11/2023
- Word count
- 56
- Deployment measure
- 9/10
Rationale
Cryptocurrency is a hot topic and gaining greater attention especially given the SRA’s focus on AML audits. Somewhat surprisingly the vast majority of firms do not set out to the client their policy when it comes to use of Cryptocurrency.
The Bank of England has made a statement confirming that the use of cryptocurrency is not acceptable currency for use in property transactions. We require evidence of proof
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