FCA: Crypto exchange FTX may be operating in UK without authorisation

Britain’s Financial Conduct Authority said on Friday cryptocurrency exchange FTX may be offering financial services or products in the UK without its authorisation.

by | 19 Sep, 2022

FTX is one of the world’s largest crypto exchanges, raising its profile this year by acting as crypto’s white knight, throwing lifelines to digital asset platforms which have faltered as cryptocurrency prices have cratered. 

“Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised or registered by us,” the FCA statement said.

Read more at City A.M.

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