The FCA has reaffirmed its aims to consolidate cryptoasset regulation in an effort to protect consumers from financial crime.
It reiterated that no registered cryptoasset firms have been approved to offer crypto ATM services and that last year operators of crypto ATMs in the UK were warned to shut their machines down or face enforcement action.
When they failed to do so, the regulator conducted joint raids with the West Yorkshire Police and soon after the Met Pol...