Huobi, KuCoin, Over 140 Crypto Exchanges 'Non-Authorized' — UK Regulator" reports that the UK Financial Conduct Authority (FCA) has warned consumers that over 140 cryptocurrency exchanges are not authorized to operate in the UK. The FCA is the UK's financial regulator, and it is responsible for overseeing the financial services industry. Authorized cryptocurrency exchanges must meet certain standards, such as anti-money laundering and know-your-customer requirements. The FCA has warned consumers that using unauthorized cryptocurrency exchanges could put their money at risk, as these exchanges may not be subject to the same regulatory oversight as authorized exchanges.