Britain regulation Exchange FTX UK Britain

FTX Met With UK Regulator Over Licensing but Ended Up 'Surprised' by the Warning, According to Reports

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 Major crypto exchange FTX has reportedly been discussing its licensing with the UK Financial Conduct Authority (FCA) - before the latter issued a statement against it.

As reported, the chief financial regulator in the United Kingdom issued a warning against Bahama-based crypto exchange, claiming it operates without authorization and is "targeting people in the UK." This came as FTX was trying to secure a UK licence.

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