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The recent warning adds another crypto-related scam entity to a wide list of fraudulent firms operating in the United Kingdom. On May 25, the FCA blacklisted an entity known as ICAP Crypto after previously issuing a similar warning against illegal crypto-related firm Next Coin Market.
In July, the authority issued its finalized policy statement on crypto, claiming that it will not regulate Bitcoin (BTC) and Ether (ETH) as part of its guidance on crypto assets.
