UK's CEX.IO Crypto Exchange Resumes Operations After Compliance Upgrades
Centralized crypto exchange CEX.IO officially resumed UK operations, meeting FCA's new compliance requirements for digital asset firms in the country.
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UK Regulator Cracks Down on Unauthorized Crypto ATMs
The UK's FCA initiates first-ever legal proceedings against operators of illegal cryptocurrency ATMs, signaling a crackdown on unregistered crypto services.
Unlicensed UK Crypto ATM Network Operator Faces Criminal Charges
The FCA has pressed criminal charges against Olumide Osunkoya for operating an illegal cryptocurrency ATM network in the UK, a first of its kind case.
UK Crypto Firms Face High Rejection Rates as FCA Cracks Down
Nearly 90% of cryptocurrency firms applying for registration in the UK over the past year have been turned down by the Financial Conduct Authority due to failure to meet standards, particularly in fraud prevention and anti-money laundering.
UK Crypto Crackdown: 90% of Firms Fail to Meet Anti-Fraud Standards
Nearly 90% of crypto firms in the UK failed to register due to weak anti-fraud and anti-money laundering controls, according to the FCA.