FCA and partners continues crackdown on illegal crypto trading
Working with HM Revenue & Customs (HMRC) and the Metropolitan Police Service, the FCA targeted 3 premises suspected of illegal peer-to-peer crypto trading
Increased enforcement coincides with detailed regulatory guidance issued to crypto firms ahead of the full framework taking effect in late 2027
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Working with HM Revenue & Customs (HMRC) and the Metropolitan Police Service, the FCA targeted 3 premises suspected of illegal peer-to-peer crypto trading
With applications for authorisation opening from 30 September 2026, firms need this guidance now to help them prepare
The incident underscores the urgent need for robust AI governance and security measures to mitigate cascading risks in interconnected ecosystems
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