Do you have to comply with British Standards?

Could you elaborate on the compliance requirements with British Standards in your field of cryptocurrency and finance? I understand that there are numerous regulations and guidelines that govern the financial sector, but I'm particularly interested in how these standards specifically apply to cryptocurrencies. Are there specific British Standards that you have to adhere to in your operations? If so, could you provide an overview of what those standards entail and how they impact your day-to-day work? It would be valuable to gain insight into how compliance with these standards ensures the safety, security, and transparency of cryptocurrency transactions.