Deep Tide TechFlow news: On April 22, Reuters reported that the UK Financial Conduct Authority (FCA) said it has, together with tax authorities and police, searched eight locations in London suspected of illegal peer-to-peer cryptocurrency trading and issued stop notices to each venue. The FCA said that evidence obtained from the on-site inspections has supported multiple ongoing criminal investigations. The operation was carried out under anti-money laundering and counter-terrorist financing regulations, with the aim of preventing the traders involved from providing criminals with channels to transfer, conceal, and use funds. Currently, there are no peer-to-peer cryptocurrency traders registered with the FCA in the UK.

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