UK marks the end of its 'light‑touch' approach with a coordinated multi‑agency crackdown on peer‑to‑peer crypto platforms
The United Kingdom has signalled a decisive shift away from the relatively permissive, "light‑touch" stance it has traditionally taken toward the cryptocurrency sector. This change was underscored by a high‑profile, multi‑agency operation that targeted a network of peer‑to‑peer (P2P) crypto hubs across the country. The raid, which involved law‑enforcement bodies, the Financial Conduct Authority (…
Sept. 17, 2026, 3:08 p.m.