Crypto.com has become the latest company to register with the United Kingdom’s Financial Conduct Authority, while many continue to operate without approval.
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UK Watchdog Asks Crypto ATM Providers to Stop Operating or ‘Face Enforcement Action’
U.K. watchdog, the Financial Conduct Authority (FCA), has told firms running crypto ATMs in the country that they are operating illegally and must therefore shut down their machines. Operators that fail to heed the warning will face enforcement action, the FCA said. Crypto ATM Providers Operating Illegally The U.K. financial sector watchdog, the Financial Conduct […]Powered by WPeMatico
Cryptocurrency Draft Law Presented in Peru
A draft of a new cryptocurrency asset law was introduced in Peru in December, seeking to regulate the cryptocurrency interactions that are already happening in the country. The draft law, besides defining what a crypto asset is and establishing the duties of virtual asset service providers (VASPs), also seeks to legalize the use of assets […]Powered by WPeMatico