PhotonPay PhotonPay announced that it has obtained an Electronic Money Institution licence issued by the UK Financial Conduct Authority, enabling it to issue electronic money and provide related payment services within the scope of its authorisation.
According to PANews, citing The Block, the UK FCA obtained a court order requiring two individuals involved in a fake crypto investment scam to jointly repay 851,402 pounds sterling, intended to compensate victims. At least 65 investors collectively lost 1540000 pounds sterling.
