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Cryptopolitan 2024-10-15 23:06:33

TikTok under scrutiny for allegedly operating as unlicensed cryptocurrency exchange in the UK

TikTok has been accused of functioning as an unlicensed cryptocurrency exchange in the United Kingdom. A letter sent to the Financial Conduct Authority (FCA) by a former compliance consultant for the cryptocurrency platform includes several concerns regarding the operation of the virtual currency segment. The letter also implies that TikTok allows users to convert its

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