FCA Raids Illegal Crypto ATM Sites

FCA Raids Illegal Crypto ATM Sites

The FCA continues its crackdown on illegal cryptocurrency ATMs. The regulator announced it recently acted against Exeter, Nottingham, and Sheffield sites.
The Financial Conduct Authority (FCA) of the United Kingdom continues its fight against unregistered cryptocurrency ATMs (automatic teller machines). On Friday, the UK’s top financial market regulator announced that it inspected sites in Exeter, Nottingham, and Sheffield in collaboration with local law enforcement.
#Crypto ATMs operating without FCA registration are illegal. The action we’ve taken over the past few months and wider work shows that we will act to stop illegal activity. #cryptocurrency https://t.co/KnMhiKAt21
— Financial Conduct Authority (@TheFCA) May 5, 2023
The agency will review the evidence against these sites and decide on further action.
Therese Chambers, Executive Director of Enforcement and Market Oversight at the FCA, said:
Crypto ATMs operating without FCA registration are illegal. The action we’ve

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We współpracy z: https://cryptodaily.co.uk/2023/05/fca-raids-illegal-crypto-atm-sites

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