The UK regulator has listed FTX as an "unauthorized" company

Chain Catcher news, the UK's Financial Conduct Authority (FCA) recently issued a warning to the Bahamas-based cryptocurrency exchange FTX, stating that FTX "may be providing financial services or products in the UK without authorization." Additionally, the FCA cautioned potential customers that "if things go wrong," they will not be able to recover their funds or seek protection from the financial services compensation scheme.

As of the end of August, the list of crypto companies registered with the FCA includes 37 entities, with Crypto.com being the latest addition. Other companies that obtained approval for anti-money laundering regulations through the registration process in 2022 include eToro UK, DRW Global Markets LTD, Zodia Markets (UK) Limited, Uphold Europe Limited, Rubicon Digital UK Limited, and Wintermute Trading LTD, among others. (Cointelegraph)