Cryptocurrency Q&A
Is crypto illegal in UK?
Is crypto illegal in UK?
KimonoElegantGlitter
Sat Mar 30 2024
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7 answers
1655
Excuse me, I'm a bit confused about the legal status of cryptocurrencies in the UK. I've heard different opinions and rumors, but I'm not sure what the actual situation is. Is it illegal to buy, sell, or hold cryptocurrencies in the UK? Are there any specific regulations or laws that govern this area? I'm just trying to understand the legal landscape before I proceed with any crypto-related activities. Could you please clarify this for me?
7 answers
Ilaria
Mon Apr 01 2024
Cryptocurrency laws in the United Kingdom permit the operation of bitcoin ATMs.
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Silvia
Mon Apr 01 2024
These ATMs, however, must be licensed and regulated by the Financial Conduct Authority (FCA).
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Valentina
Sun Mar 31 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services to its customers.
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Federico
Sun Mar 31 2024
Crypto exchanges wishing to operate in the UK are required to register with the FCA.
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CryptoNinja
Sun Mar 31 2024
BTCC ensures that its services comply with all applicable UK laws and regulations.
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