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## Key Facts

- Image source, Reuters All UK crypto-currency cash machines (ATMs) are operating illegally and must be shut down, the Financial Conduct Authority has announced.
- But no company offering crypto-currency services in the UK has a licence to operate a crypto-ATM.
- According to crypto-ATM directory Coin ATM Radar, there are 81 functional crypto-ATMS in the UK.
- The FCA publishes a list of companies that appear to be involved in crypto-currency but have not registered their business with the regulator for anti-money-laundering checks.

[Click To Read Full Article](https://www.bbc.co.uk/news/technology-60709209)

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Bitcoin cash machines ordered to shut down in UK

ORGANIZATION

GEOGRAPHY

CURRENCY

finance

Bitcoin cash machines ordered to shut down in UK