FCA Targets Three London Crypto Trading Sites Ahead of Licensing Rules

The UK's Financial Conduct Authority issued cease-and-desist orders to three London crypto trading sites suspected of illegal peer-to-peer operations just before the new UK crypto licensing regime begins on September 30, 2026. The licensing will enforce mandatory registration and compliance by October 25, 2027, with strict anti-money-laundering rules limiting registrations to a small fraction of applicants historically.

This Wire brief sits within Fusion42's coverage of Fintech, and 14 sources have reported it between 3 Sep 2026 and 3 Oct 2026.