UK Marks the Close of Its 'Light‑Touch' Crypto Approach with a Coordinated Multi‑Agency Sweep of Peer‑to‑Peer Platforms
The United Kingdom has taken a decisive step away from its historically permissive stance toward digital assets, signalling the end of the so‑called "light‑touch" era with a high‑profile, multi‑agency operation targeting peer‑to‑peer (P2P) cryptocurrency hubs. This coordinated raid, involving the Financial Conduct Authority (FCA), the National Crime Agency (NCA), HM Revenue & Customs (HMRC), and …
Sept. 17, 2026, 3:08 p.m.