.TheFCA continued its crackdown against crypto ATMs in May and June, inspecting 18 sites to bring the total for the year to 34. By JamieCrawleyCD
The Financial Conduct Authority crackdown against crypto ATMs in the U.K. saw another 18 sites inspected in May and June to bring the total for the year to 34. In total the regulator said it has"disrupted" 26 machines operating unlawfully across the country.in conjunction with the South West Regional Organized Crime Unit and the police forces of Greater London, Bedfordshire and Hertfordshire.
In one case, a member of the public paid 1,000 British pounds into a crypto ATM and, even though the machine said the transaction was unsuccessful, no funds were returned.informing the public that any crypto ATMs in the country are operating illegally and that consumers will not be protected if they use one and something goes wrong, such as them falling victim to a scam.
None of the more than 40 registered crypto companies in the U.K. is licensed to offer ATM services and therefore any crypto ATMs operating in the U.K. are doing so illegally,
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
UK FCA shuts down 26 crypto ATMs following coordinated investigationVictims of scams involving the crypto or Bitcoin ATMs “will not be protected” by the government or the operator of the machines, warned FCA.
Leer más »
China mutual funds cut fees as regulator targets $3.7 trillion sectorMore than a dozen major mutual fund companies in China cut fees in roughly 1,500 fund products on Monday as regulators started reforming fee practices in the $3.7 trillion industry in an effort to reduce costs to investors.
Leer más »
UK health regulator approves GSK's vaccine for common respiratory virus RSVBritain's health regulator approved GSK's vaccine for the respiratory syncytial virus (RSV), which causes thousands of hospitalisations and deaths annually, the drugmaker said on Monday.
Leer más »
Dubai crypto regulator suspends BitOasis crypto exchange licenseDubai’s crypto regulator VARA said BitOasis hasn’t met “key conditions” within a certain timeframe for its operational license and subsequently suspended the firm's license until it can meet the conditions.
Leer más »
Crypto Catalyst Watch: June CPI, PPI Readings Hold the SpotlightAfter a week of key jobs reports, inflation data is returning to the spotlight this week with Wednesday’s release of the US June Consumer Price Index and the Producer Price Index a day later. Expectations are for the CPI to fall below 4%. By JPRubin23
Leer más »
US economy adds 209K jobs in June, lighter than estimatesThe June jobs report is one of several key data points officials will debate when they meet at the end of the month to decide whether another rate hike is warranted.
Leer más »