FCA Targets Three London Premises In Illegal P2P Crypto Trading Crackdown

TL;DRThe FCA, HMRC and Metropolitan Police inspected three London premises over suspected illegal crypto trading.
Cease-and-desist notices were issued.
The action involved unregistered P2P businesses, not licensed UK exchanges.The Financial Conduct Authority has stepped up its enforcement work against illegal peer-to-peer crypto trading in London.
Working with HMRC and the Metropolitan Police, the regulator inspected three commercial premises suspected of operating unregistered crypto businesses