The United Kingdom ordered on Friday the shutting down of its cryptocurrency cashpoints after financial regulators declared these installations illegal. The Financial Conduct Authority (FCA), a non-government regulatory body that operates in the UK, declared on Friday that these “cryptocurrency ATMs” are illegal as they currently stand, and must be approved by the FCA and comply with money laundering regulations in order to operate within the law. “Crypto ATMs offering cryptoasset exchange services in the UK must be registered with us and comply with UK Money Laundering Regulations,” said the FCA in a statement. “None of the cryptoasset firms registered with us have been approved to offer crypto ATM services, meaning that any of them operating in the UK are doing so illegally and consumers should not be using them.” “We are concerned about crypto ATM machines operating in the UK and will therefore be contacting the operators instructing that …