ePayments is preparing to relaunch but there will be no crypto or peer-to-peer payments.
Epayments, one of the largest payment providers in the U.K., has halted operations after the Financial Conduct Authority (FCA) suspended the company for “weaknesses” related to its anti-money-laundering (AML) process. Since Epayments shut down on February 11, customers have been complaining because they cannot access their money. Reports also detail that if the firm becomes […]
The post UK’s FCA Suspends Epayments Service – Over £100M Frozen and Alleged Onecoin Connection appeared first on Bitcoin News.
Payment system ePayments has been halted by the FCA for about a week now, and people are still locked out of their accounts. While the company is affiliated with crypto, the explanation for the increased scrutiny seems to lie elsewhere…