The UK’s Financial Conduct Authority (FCA) has stated that BitMEX has been targeting UK investors without being authorized to do so. It should be noted that the FCA didn’t accuse BitMEX of any particular fraudulent activity. The UK’s Financial Conduct Authority (FCA) has recently issued a statement claiming that the BitMEX crypto exchange has been targeting UK investors without being authorized to do so. An excerpt from the statement reads: Based upon information we hold, we believe [BitMEX] is carrying on regulated activities which require authorization. Though the authorities are not accusing BitMEX of any particular fraudulent activity, the statement says that financial firms offering services without the right license may, in fact, be “scams.” FCA uses the word several times in the post. The agency also offered advice to users in the UK on how to prevent being victims of these scams. It urged the public to only deal with firms that are registered with the FCA. Individuals who aren’t sure about a company’s registration can confirm the existence of licensing agreements by visiting the UK’s register of license holders. This statement about BitMEX comes just days after the watchdog issued a similar warning about Kraken, a crypto exchange platform. Interestingly, the FCA has now mysteriously removed the warning. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Japan’s Aso: Will respond to coronavirus impact depending on urgency FX Street 3 years The UK’s Financial Conduct Authority (FCA) has stated that BitMEX has been targeting UK investors without being authorized to do so. It should be noted that the FCA didn’t accuse BitMEX of any particular fraudulent activity. The UK’s Financial Conduct Authority (FCA) has recently issued a statement claiming that the BitMEX crypto exchange has been targeting UK investors without being authorized to do so. An excerpt from the statement reads: Based upon information we hold, we believe [BitMEX] is carrying on regulated activities which require authorization. Though the authorities are not accusing BitMEX of any particular fraudulent activity, the statement… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.