🇬🇧 UK: FCA prosecutes man for illegally operating Bitcoin ATMs.

The Financial Conduct Authority ⚖️ has started proceedings against Olumide Osunkoya, 45, for illegally operating#cryptocurrencyATMs.

The FCA reminds that the operation of such ATMs requires registration, in accordance with a regulation in force since 2017.

The amounts at stake amount to £2.6 million 💰, and the accused will appear before Westminster Magistrates' Court on September 30.