UK regulator cracks down on crypto ATM network in London
The FCA charged the man with document forgery alongside the illegal operation of a $3.4 million crypto ATM network.
The FCA charged the man with document forgery alongside the illegal operation of a $3.4 million crypto ATM network.
A Freedom of Information request revealed crypto asset firms registering with the UK’s financial regulator have fallen 51% over three years.
The UK’s financial watchdog, the FCA, says it’s aiming to approve more crypto firms after previously rejecting up to 86% of applicants.
The UK’s Financial Conduct Authority (FCA) has been criticized by the National Audit Office for acting too slow to enforce crypto laws.
Crypto exchange Poloniex has been added to the FCA’s naughty list after a string of curious hacks on Justin Sun’s entities.