A.U.K. Treasury report ranked crypto, alongside retail and wholesale banking, and wealth management, as the three highest-risk sectors for money laundering during 2022-2023. The Financial Conduct Authority’s risk assessments on 238 firms concurred with the outcome. Since 2020, the FCA has regulated crypto firms to comply with anti-money laundering rules. In fact, the U.K. has been fighting crypto crime by appointing a crypto tactical advisor in every region. According to the report, 52.8 full-time anti-money laundering specialists with 15.8 dedicated to supervising crypto-asset businesses.