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Bitcoinist 2024-10-17 00:00:25

UK Authorities Probe TikTok For Allegedly Running Unlicensed Crypto Exchange

A United Kingdom-based regulatory body raised concerns that TikTok’s virtual currency could be used by unscrupulous groups in their money laundering activities. The UK’s Financial Conduct Authority (FCA) underscored the increasing concerns surrounding TikTok Coins and served as a cautionary note on the platform. Some feared that the virtual currency could be tapped to elude

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