UK’s watchdog cracking down on illegal crypto ATM operators
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These actions come after previous operations in East London and Leeds, where the regulator issued warnings or cease-and-desist requests to suspected crypto ATM operators.
15 crypto ATMs and counting
The FCA, in collaboration with the South Regional Organized Crime Unit (SWROCU), the Yorkshire and Humber Regional Organized Crime Unit (YH ROCU), and the Nottinghamshire police force, conducted joint operations, inspecting sites across England that were suspected of hosting illegally operated crypto ATMs
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