The UK Financial Conduct Authority (FCA) conducted a joint operation with the West Yorkshire Police’s cyber team to inspect several sites around the city of Leeds that were suspected of installing unregistered crypto ATMs. The FCA emphasized that all cryptoasset exchange providers in the UK, including crypto ATM operators, must be registered with the FCA and comply with the country’s money laundering regulations. The regulator warned that all current crypto ATM operators in the UK were unregistered and it would continue to disrupt unregistered crypto businesses in the country.
Source: https://cointelegraph.com
