Navigating the Tightrope: Crypto Regulation and the Battle Against Money Laundering

In this episode of UK Business Morning, Alice and Lewis explore the growing regulatory pressure on the crypto sector as Europe’s new anti-money laundering authority, AMLA, takes a firm stance. With Bruna Szego at the helm, AMLA is prioritizing crypto assets as a key area of risk, warning of the sector's exposure to money laundering and terrorism financing. As the watchdog prepares to supervise major financial institutions—and some of the biggest crypto players—by 2028, the conversation turns to the challenges of fragmented EU markets and the need for consistent compliance. Lewis highlights the stark contrast in US policy under Trump, which leans toward integration and innovation, while AMLA pushes for stricter oversight. The discussion also touches on high-profile cases like Binance's ongoing investigations and the staggering $4.3 billion fine that underscores the cost of non-compliance. With the crypto market evolving at lightning speed, how can regulators balance innovation with the need for security? Tune in for an insightful look at the future of crypto regulation and what it means for the global financial landscape.