Crypto-Follow logo Crypto-Follow logo
CoinGape 2022-03-12 08:03:08

UK Declares Bitcoin ATMs Illegal, Orders Immediate Shutdown

UK’s Financial Conduct Authority (FCA) said on Friday that all crypto ATMs operating in the country were doing so illegally, and ordered operators to immediately shut them down. Britain’s top financial regulator said operators needed to comply with UK money laundering regulations, and that none had done so. The regulator said the ATMs, which allow The post UK Declares Bitcoin ATMs Illegal, Orders Immediate Shutdown appeared first on CoinGape.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer