UK: Bitcoin ATM “Illegal” says FCA

On 11 March, Gizmodo reported that a letter from the FCA said that Bitcoin and other cryptocurrency ATM that allow people to buy and sell crypto are illegal in the UK.  That would mean anyone currently operating a Bitcoin ATM is doing so illegally and would have to stop.

https://gizmodo.com/bitcoin-atms-declared-illegal-in-uk-by-financial-regula-1848639960

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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