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FCA flexes muscles to stop illegal crypto ATMs operating in Leeds

A close-up of a Bitcoin ATM 1 in Cardiff, Wales
Photo: Getty Images

The regulator is working to “identify and disrupt unregistered crypto businesses operating in the UK”.

Suspected illegally operated crypto ATMs in Leeds have been targeted by the FCA in order to interrupt unregistered financial operations. Several sites and operators around the city have been inspected, and the regulator will now review the evidence it has gathered and consider further potential enforcement action. 

“Unregistered crypto

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