FCA and partners continues crackdown on illegal crypto trading
By FCA
AI summary of the source article
The UK Financial Conduct Authority, alongside HM Revenue & Customs and the Metropolitan Police Service, has targeted three London premises suspected of illegal peer-to-peer crypto trading. Cease and desist letters were issued requiring the operators to stop trading, as the activity requires formal registration. The FCA stated that there are currently no registered peer-to-peer crypto businesses operating in the UK.