Several crypto ATMs in East London have been inspected by the FCA on suspicion that they were operating illegally. This action follows a recent crackdown in Leeds, where the regulator joined forces with the West Yorkshire Police’s Digital Intelligence and Investigation Unit to close a network of similar machines.
UK Financial watchdog takes further action against illegal crypto ATMs in London
<1 min read
The FCA points out that no crypto ATMs are currently registered in the UK and warns again about the high risks of crypto assets.