UK regulator raids three London sites over suspected illegal crypto trading
- —The FCA inspected three London sites on suspicion of illegal crypto trading
- —HMRC and London police took part in the raids
- —The FCA reminded that AML registration does not grant the right to conduct crypto activity
Why it matters: Tighter UK supervision raises regulatory risks for unlicensed crypto services and P2P exchangers.
Source: Google News (crypto query)