So recently i saw a few articles specifically about some of biggest crypto exchanges clashing with the Financial Conduct Authority of the UK, does this worry you? Or is it normal as the establishment against crypto? Below are the two articles that I am talking about.
https://beincrypto.com/financial-watchdog-says-bitmex-in-the-uk/ - The United Kingdoms Financial Conduct Authority (FCA) has reason to believe that BitMEX has been operating without authorization in the region. The popular Bitcoin derivatives trading venue apparently does not have the required licence to operate in Britain.
https://beincrypto.com/top-uk-regulator-issues-warning-about-cryptocurrency-exchange-kraken/- Kraken has been warned by the Financial Conduct Authority (FCA) of the United Kingdom over its business dealings in the country. The regulatory agency claims they are unauthorized to operate in the United Kingdom.
To be honest i'm a little worried that the UK is hitting those exchanges, these are some of the biggest ones and I'm a big fan of Kraken.
They are always against them, so this is expected and not new. Expect more negative press.
I also really like the news outlet the article is written by, I highly recommend their trading telegram channel as it gives free trading advice and it's a nice little community. If anyone is interested, the link to the channel is below.
https://t.me/BeInCryptoCommunity