#UK Crypto Crackdown: FCA Targets

Unregistered P2P

The UK has launched a major crackdown on illegal crypto trading! The FCA, alongside HMRC, recently inspected eight London sites and issued cease-and-desist orders to unregistered P2P operators facilitating trades in assets like B $BTC .

BTC
BTCUSDT
77,477.3
-0.24%

This marks a shift from warnings to active enforcement. Under current AML rules, no P2P crypto platform is registered in the UK, making all such operations illegal. Authorities are now targeting physical hubs used to disguise illicit funds.

Stay safe: Only use FCA-registered firms.