UK Authorities Seize Crypto ATMs in Nationwide Money Laundering Probe
Regulators crack down on unlicensed digital currency operations
British law enforcement agencies have seized dozens of unlicensed cryptocurrency ATMs in a sweeping anti-money laundering operation.
The crackdown is part of a broader effort to regulate the digital currency sector and follows concerns that such machines have been exploited by criminal networks to facilitate illicit financial transfers.
The crackdown is part of a broader effort to regulate the digital currency sector and follows concerns that such machines have been exploited by criminal networks to facilitate illicit financial transfers.
