The seizure was made in the context of an ongoing investigation related to an international money laundering case.
The agency is considering clamp down on Bitcoin ads on online and social media platforms.
The crypto exchange hasn't publicly reported issues with payment gateways that process sterling transactions.
The holding didn't specify which crypto exchanges were included on the caps imposed.
A total of 64 crypto companies have taken their applications back.
The seizure could be one of the biggest one-of-its-kind globally.
The regulator has mandated the registration of UK crypto firms.
Understanding of crypto among investors, however, is declining.
Firms that applied for registration before December 16, 2020, will be eligible under the scheme.
The exchange ran the ad campaign in February across London’s Tube stations and buses.
The department is concerned with the use of cryptocurrencies by criminals.
The chair of the self-regulatory trade association for the UK cryptoasset industry speaks.
The ad featured a woman who bought Bitcoin with a third of her pension.
More than 150 crypto companies were awaiting registration at the end of 2020.
The ban on all retail crypto derivatives instruments was imposed on January 6, 2021.
Demand for cryptos skyrocketed as the digital currencies are on a bull run.
The companies which have applied for recognition can offer their services till July 9, 2021.
The banking services will include dedicated account numbers, sort codes, and Faster Payments.
The ban will come into effect on January 6, 2021.
The exchange received FCA recognition last August.
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