FCA Ramps Up Crypto Enforcement in the UK! 🇬🇧🕵️‍♀️

🚨 UK’s FCA Steps Up Crypto Enforcement—Are Rogue Exchanges on Notice? 🕵️‍♂️🔒

The UK’s Financial Conduct Authority has launched a dedicated enforcement task force to clamp down on illicit crypto firms. The team—composed of three full-time staff and 12 secondees—is ramping up oversight after recent incidents, including fines over £3.5M and arrests linked to illegal exchanges.

Despite improved application quality, approval timelines remain slow, taking nearly a year. This crackdown reflects a broader push to build a comprehensive, secure crypto framework—protecting investors and cleaning up the industry.

As security tightens, transparent, compliant projects may benefit most—especially those focused on user safety and regulatory alignment.

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