Damus
Susie Violet · 1w
Today the FCA raided eight London sites in its first ever coordinated crackdown on peer to peer crypto trading. Enforcement has now moved onto ordinary individuals operating outside the regulated syst...
JL profile picture
https://x.com/simondixontwitt/status/2047282223196307663

🇬🇧 FYI

Bitcoin has statutory legal recognition as property in the UK pursuant to English law.

Any holder of Bitcoin remains free to deal with it, hold it, or send it peer to peer for fiat cash if they so wish.

This is likely something to do with a companies AML obligations.

I’ll keep monitoring this.

@Simon Dixon

23.04.26

#simondixon


The comments under this tweet (okay X post) are also interesting.
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JL · 1w
https://x.com/freddienew/status/2047259073410707819 To anyone in the UK worried or concerned about this: - Peer to peer trading of Bitcoin between individuals is not and has never been illegal in the UK. It's not even regulated by the FCA. - Bitcoin now has statutory legal recognition as propert...