UK Indicates Closure of 'Light‑Touch' Period Through Coordinated Multi‑Agency Action Against Peer‑to‑Peer Crypto Platforms
In a striking demonstration of the United Kingdom’s shift away from a permissive, "light‑touch" stance toward digital assets, law‑enforcement and financial regulators launched a coordinated, multi‑agency raid targeting several peer‑to‑peer cryptocurrency hubs earlier this week. The operation, which involved officers from the National Crime Agency (NCA), the Financial Conduct Authority (FCA), and …
Sept. 17, 2026, 3:08 p.m.