Police conducted a crackdown on illegal cryptocurrency ATMs in southwest London on the 17th (local time), seizing seven cryptocurrency ATMs and arresting two people for money laundering and operating an unlicensed cryptocurrency exchange.
They were released after investigation, but the investigation is still ongoing. In an official statement, the FCA said, "There are currently no legally operating cryptocurrency ATMs in the UK.
"Installing or operating a cryptocurrency ATM without FCA registration is a criminal offence," he said. "If you are operating an illegal cryptocurrency ATM or exchange, you will face serious legal consequences."
They will have to face the consequences," said Therese Chambers, the FCA's director of enforcement and market oversight.
Starting in January 2021, the UK will require all cryptocurrency-related companies to register with the FCA and comply with anti-money laundering regulations. However, to date, not a single cryptocurrency ATM has been registered.
Since the M has not completed the formal registration, all of them are considered to be illegal devices. Meanwhile, in the United States, concerns about crime and fraud surrounding cryptocurrency ATMs are growing, and regulatory legislation is being considered.
In particular, in Wisconsin, the number of cryptocurrency kiosks (ATMs) has increased rapidly, and cases of fraud have been on the rise. State Senator Kelda Royce
The new bill was introduced by Rep. Roys and Rep. Ryan Spaude.
2025/07/22 12:48 KST
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