UK Authorities Bust $1.2 Billion Unregistered Bitcoin Operation: Two Arrested

Authorities in the UK have detained two individuals suspected of operating an illegal cryptocurrency enterprise valued at over £1 billion ($1.2 billion). The Financial Conduct Authority (FCA) has underscored the importance of registration for crypto businesses and has issued warnings to consumers. Therese Chambers, FCA’s Executive Director of Enforcement and Market Oversight, emphasized the organization’s

Source: CoinOtag