UK Regulator Warns Crypto Exchange FTX Is Providing Services Without Authorization – Regulation Bitcoin News

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The Financial Conduct Authority (FCA) has issued a warning about cryptocurrency exchange FTX operating in the U.K. without authorization. crypto cryptocurrency

Britain’s top financial regulator, the Financial Conduct Authority , has issued a warning about cryptocurrency exchange FTX operating in the U.K. without authorization. “Almost all firms and individuals offering, promoting or selling financial services or products in the U.K. have to be authorized or registered by us,” said the regulator.The U.K. Financial Conduct Authority published a warning on its website Friday regarding crypto exchange FTX.

The FCA explained that FTX is not authorized but is targeting investors in the U.K. Firms carrying out specific crypto asset activities in the U.K. must comply with the amended “Money Laundering, Terrorist Financing and Transfer of Funds Regulations,” and register with the FCA.

 

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this is stupid

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What's wrong with FTX, they've been busy with Blockfi, Alameda and Celsius, I assume.

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ftx has always been kinda shady... that's why i prefer bitfinex. been trading there for years, not a single issue has appeared

SBF_FTX

Whyy is everyonee silent about thiss?

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