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  • FCA: First illegal crypto ATM operator pleads guilty

    Investing

    The first person charged with illegally running a crypto ATM network has pleaded guilty after the Financial Conduct Authority brought a case against him earlier this month. Olumide Osunkoya pleaded guilty today to five offences at Westminster Magistrates’ Court, after running multiple crypto ATMs without FCA registration. In addition, he was charged for creating and [...]

  • FCA to ‘intensify engagement’ with City over controversial ‘name and shame’ plans

    Banking

    The Financial Conduct Authority (FCA) is planning to "intensify" its engagement with the City in the coming months over controversial plans to ‘name and shame’ firms under investigation.

    Financial Conduct Authority reception area in 2025, highlighting increased regulatory actions and financial penalties

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