FCA raids three London offices over illegal crypto P2P trading
- —Inspections took place on September 10, FCA disclosed details on September 17
- —Cease-and-desist notices issued to three companies
- —Regulator acted with HMRC and London police
- —New FCA authorization regime opens in late September
Why it matters: The FCA is tightening control over illegal P2P trading ahead of the launch of the UK's crypto firm licensing regime.
Source: NewsBTC