FCA crypto crackdown will ‘wipe out’ bad actors, says Coinbase boss

FCA crypto crackdown will ‘wipe out’ bad actors, says Coinbase boss

The financial watchdog’s clampdown on digital assets will remove bad actors and attract more customers, The UK boss of one of the world’s largest crypto platforms has said. Keith Grose, UK chief executive of Coinbase, said the rules outlined by the Financial Conduct Authority (FCA) earlier this month will “wipe out” firms who do not wish to comply, raising consumer trust. Speaking in an interview with City AM, Grose said: “It will wipe out peopl…