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The FCA is Planning to Clamp Down on Unregistered Crypto-ATM’s in the UK

By Wieke Beenen at 2024-11-22 07:18

Sentiment: Negative

by Wieke Beenen The FCA has announced a clamp down on crypto ATMs. In a joint operation with the Metropolitan Police, the FCA inspected several sites in East London suspected of hosting crypto ATMs, which are currently illegal. Mark Steward, Executive Director of Enforcement and Market Oversight at the FCA, said: “Crypto ATMs operating without FCA registration are illegal […] #blockchain #crypto, #decentralized, #distributed, #ledger Continue reading...

Categories: News

Tags: #News #Crypto ATMs #crypto businesses #cryptoassets #FCA registration #FTX scandal

Source Blockchain News