UK regulator cracks down on illicit London crypto ATMs

Britain's markets regulator and police have swooped on suspected illegal crypto cashpoints (ATMs) across east London as authorities step up attempts to disrupt unregistered businesses deemed high risk for consumers. The Financial Conduct Authority (FCA), which last month launched a similar crackdown in the northern English city of Leeds, said on Wednesday it was reviewing evidence gathered from "a number of sites" and might take further action. The FCA, which has long warned consumers that cry

• 2023-03-08
• Financial Conduct Authority east London FCA cashpoints

UK Financial Regulator Expands Enforcement Against Crypto ATMs to East London

The FCA began enforcing its proclamation that crypto ATMs are illegal last month, inspecting sites in the northern city of Leeds.

• 2023-03-08
• ATMs Metropolitan Police east London Financial Conduct Authority West Yorkshire Police