A British regulator has seized seven cryptocurrency ATMs in a money laundering investigation.
The seizures came as part of an operation by the Financial Conduct Authority (FCA) and Metropolitan Police Service in London, in which four locations were searched and two people arrested, the FCA announced Thursday (July 17).
“If you’re operating a crypto ATM or exchange illegally, then you should expect serious consequences,” Therese Chambers, executive director of enforcement and market oversight at the FCA, said in a news release. “There are currently no legally-operated crypto ATMs in the UK, so using one only supports crime. We will continue to partner with law enforcement agencies to fight financial crime and protect…
Jul 17 2025
