In a recent move, the United Kingdom’s Financial Conduct Authority (FCA) has sounded the alarm bells about 143 entities, including major cryptocurrency exchanges like HTX and KuCoin, operating within its jurisdiction without proper authorization. The regulator’s warning comes with a stark message: UK residents must exercise extreme caution when dealing with these firms, as they would not be covered by the Financial Ombudsman Service or the Financial Services Compensation Scheme if things go awry.&middot

For the full story, head over to TheCurrencyAnalytics.com.