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UK FCA issues cease-and-desist letters to three London crypto sites

Britain’s Financial Conduct Authority says it issued cease-and-desist letters to traders at three London premises suspected of running unregistered peer-to-peer cryptocurrency businesses.

Britain's Financial Conduct Authority said on Thursday it had taken action against illegal peer-to-peer cryptocurrency trading in London, targeting three premises suspected of operating unregistered crypto businesses. The FCA said it had issued cease-and-desist letters to traders at all three locations.