FCA and partners continues crackdown on illegal crypto trading

Authentic statutory obligations decomposed into atomic machine-actionable conditions, actions, and verification standards.

Official Legal Text

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Approved

Obligation Control 1: The FCA has carried out further operations with partners to disrupt illegal peer-to-peer c

The FCA has carried out further operations with partners to disrupt illegal peer-to-peer crypto trading across multiple London locations.Working with HM Revenue & Customs (HMRC) and the Metropolitan Police Service, the FCA targeted 3 premises suspected of illegal peer-to-peer crypto trading.Cease and desist letters were issued at all 3 premises, requiring traders to stop any suspected illegal crypto businesses.Peer-to-peer trading is when ind

Required Actions & Enforcement

Action Type:VERIFY_POLICY_ENFORCEMENT

Trigger Conditions (AST Logic)OP: AND

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