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Tag Archives: crypto ATMs

FCA Rules All Crypto ATMs in the UK Are Illegal

The Financial Conduct Authority (FCA) – the monetary watchdog of the United Kingdom – has issued a statement condemning all bitcoin and crypto ATMs as illegal. The organization is now ordering all crypto ATMs operating in the country to be shut down immediately. The FCA Isn’t a Fan of Crypto ATMs The FCA has long been a crypto hater, claiming that the industry is not regulated and thus presents too many risks to investors. It has worked hard to ensure that the industry...

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