Chainalysis Says Crypto Activity Barely Fell Despite $2.1T Market Rout
TL;DR Chainalysis says measured global crypto economic activity declined just 1.6% during the 12 months ended June 30, 2026. That happened while the wider crypto market lost roughly $2.1 trillion in capitalization. Domestic peer-to-peer and cross-border stablecoin activity both grew sharply during the period. Crypto prices took a beating over the past year, but the…
FCA Targets Three London Premises In Illegal P2P Crypto Trading Crackdown
TL;DR The FCA, HMRC and Metropolitan Police inspected three London premises over suspected illegal crypto trading. Cease-and-desist notices were issued. The action involved unregistered P2P businesses, not licensed UK exchanges. The Financial Conduct Authority has stepped up its enforcement work against illegal peer-to-peer crypto trading in London. Working with HMRC and the Metropolitan Police, the…