FCA cracks down on ‘illegal’ peer-to-peer crypto trading activity

23rd April, 2026

Aravind Bulusu

The Financial Conduct Authority (FCA) has carried out its maiden operation to disrupt illegal peer-to-peer crypto trading in London and issued cease and desist letters at each site, notifying traders to stop activity with immediate effect.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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