Illegal crypto ATM network busted in UK, two under investigation

Illegal crypto ATM network busted in UK, two under investigation

The UK authorities arrested two people and seized the multiple encrypted ATMs regarding the investigation of the exchange of cryptocurrencies and a suspected financial crime. According to a statement issued by the UK Financial behavior body (FCA), the operation was carried out in partnership with the Metropolitan police. The officers searched four places in the … Read more

No License, No Crypto: UK’s New Law Makes Bitcoin, Staking, and Exchanges Illegal Overnight

In a historical step, the UK government has published a draft encryption legislation that formally integrates encryption into the traditional financial system. Not everyone will celebrate. The 2000 financial services and financial markets law (Cryptoassets) (Cryptoassets) is 2025 aggressive frameworks, making encryption trading platforms, stablecoin exporters, guardians, and service providers owned by financial activities. The … Read more