UK announces second crypto ATM crackdown this month
The FCA currently doesn’t regulate crypto terminals but owners must first register with the watchdog if they want to operate one legally.
Cryptocurrency news by Protos · Protos
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Show Notes
The UK’s financial watchdog today announced its second crackdown on crypto ATMs in less than a month.
The joint operation with the Metropolitan Police will see regulators seize and confiscate unregistered crypto ATMs in East London. It follows an earlier crackdown in Leeds that was described by officials as a national first. To date, there are no crypto ATMs registered with the FCA.
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