UK marks conclusion of 'light‑touch' approach with coordinated multi‑agency crackdown on peer‑to‑peer crypto platforms
The United Kingdom has taken a decisive step away from its historically permissive stance toward digital assets, launching a sweeping, multi‑agency operation that targeted a network of peer‑to‑peer cryptocurrency hubs. This coordinated raid, involving law enforcement, financial regulators, and tax authorities, signals a clear shift from the previous "light‑touch" regulatory philosophy that had al…
Sept. 17, 2026, 3:08 p.m.