The UK’s Monetary Conduct Authority, or FCA, has introduced inspections of web sites throughout the nation “suspected of internet hosting illegally operated crypto ATMs”.

In a Could 5 announcement, FCA mentioned he had coordinated with native authorities within the cities of Exeter, Nottingham and Sheffield to raid amenities suspected of working unregistered cryptocurrency ATMs. Execution motion monitoring of comparable operations March in east London and February across the metropolis of Leeds, the place the FCA mentioned it issued warnings or cease-and-desist requests to suspected crypto ATM operators.

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