Las redadas de la policía del Reino Unido contra personas que intercambian criptomonedas por efectivo plantean una pregunta difícil sobre la libertad financiera
Burns Brief
Las autoridades del Reino Unido han llevado a cabo su primera operación coordinada contra el presunto comercio ilegal de criptomonedas entre pares, enviando un mensaje claro y simple al mercado: una vez que una persona se convierte en cripto... El sentimiento del mercado se está volviendo positivo, y los comerciantes y analistas señalan un posible impulso de seguimiento en las próximas sesiones. Esté atento a la confirmación del volumen: una ruptura por encima del volumen promedio indicaría que es probable que la tendencia continúe.
UK authorities have carried out their first coordinated operation against suspected illegal peer-to-peer crypto trading, sending a clear and simple message to the market: once a person turns crypto dealing into a business, the state expects names, checks, records, and accountability. The Financial Conduct Authority (FCA) said it worked with police and tax officials to visit eight London addresses linked to suspected illegal p2p crypto trading, issuing cease-and-desist letters at each site. Evidence gathered during the inspections is now supporting criminal investigations, according to the regulator, while Reuters reported that there are currently no FCA-registered peer-to-peer crypto traders in Britain. The legal side is fairly easy to understand. In the UK, an occasional person-to-person crypto trade isn’t the same as running a dealing desk, brokerage service, or informal exchange. The line is crossed when someone regularly exchanges crypto for money, arranges those exchanges, swaps one cryptoasset for another, or operates a machine that does the same thing “by way of business.” The FCA’s anti-money-laundering regime explicitly names “cryptoasset exchange providers,” including p2p providers, as firms that can fall inside the rules. A person who repeatedly buys and sells crypto for others, advertises a service, handles customer money, or acts as a recurring intermediary can’t describe the activity as informal. Under the UK’s Money Laundering Regulations, in-scope crypto businesses must register with the FCA before they begin operating, and the regulator says registration is a legal requirement. Related Reading UK’s FCA takes action against illegal crypto ATM operators The UK FCA said no crypto ATM operator was registered with it, making their operations illegal in the country. May 5, 2023 · Oluwapelumi Adejumo The reason is anti-money laundering. A registered crypto firm has to verify customers, monitor transactions, keep records, and report suspicious activity. The
Key Takeaways
- In the UK, an occasional person-to-person crypto trade isn’t the same as running a dealing desk, brokerage service, or informal exchange
- The line is crossed when someone regularly exchanges crypto for money, arranges those exchanges, swaps one cryptoasset for another, or operates a machine that does the same thing “by way of business
- ” The FCA’s anti-money-laundering regime explicitly names “cryptoasset exchange providers,” including p2p providers, as firms that can fall inside the rules
- A person who repeatedly buys and sells crypto for others, advertises a service, handles customer money, or acts as a recurring intermediary can’t describe the activity as informal
- Under the UK’s Money Laundering Regulations, in-scope crypto businesses must register with the FCA before they begin operating, and the regulator says registration is a legal requirement