The UK will spend $667,000 to train staffers at the top finance regulator to identify crypto terrorist financing
REUTERS/Florence Lo/Illustration/File Photo
The UK's financial regulator is looking to hire a contractor that will train its staff to spot risks of money laundering and financing of terrorism through crypto assets.
The Financial Conduct Authority will pay a third-party firm for its services under a £500,000 contract ($667,000), according to a public notification, with the call for a contractor to remain open until December 16.
The contractor should «provide access to a platform that can support the robust and efficient analysis of cryptoasset blockchain data and provide training and ongoing support in the use of this platform,» the agency said.
The notification was posted last week as was a statement by the US Department of Justice saying the
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