full story 👉
https://v.social/s/EgjDcJE
The UK just sent crypto a very clear message.
Peer-to-peer crypto trading for cash is no longer being treated like a quiet side market.
Authorities raided suspected illegal operators in London, issued cease-and-desist letters, and gathered evidence for criminal investigations.
The reason is money laundering risk.But the bigger question is financial freedom.
Crypto was built on direct exchange. Person to person. No bank in the middle. No permission needed.
Now regulators are saying that once it becomes a business, they want names, checks, records, and accountability.
That may stop crime.
It may also shrink privacy.
This is the fight at the heart of crypto now.
Freedom versus control.
#Crypto #Bitcoin #FinancialFreedom #UKCrypto #Regulation #Blockchain #DeFi #Privacy #FOMODaily
FOMO DailyThe UK Crypto Cash Raids And The Fight Over Financial Freedom
The UK’s first coordinated crackdown on suspected illegal peer-to-peer crypto cash trading has raised a serious question about where financial freedom