UK regulator targets premises suspected of illegal crypto trading

LONDON, April ​22 (Reuters) - ⁠Britain's Financial ​Conduct Authority said on ​Wednesday ‌it had ⁠targeted eight ⁠premises in London ​suspected of illegal peer-to-peer crypto ​trading.

"The ‌FCA issued cease and desist ​letters at each ‌site, notifying traders to stop ‌illegal activity immediately. Evidence obtained during the ​on-site inspections is supporting ‌a number of ongoing criminal investigations," ⁠the ⁠regulator ‌said in a statement. (Reporting ​by Muvija ​M, ‌writing by William James; editing by Sarah Young)