# Crypto ATMs and illegal promotions in the UK

No crypto ATMs are registered to operate legally in the UK. Avoid them. Crypto promotions to UK consumers must include risk warnings and be approved by an FCA-authorised firm. Free gifts, refer-a-friend bonuses and ‘guaranteed profit’ ads are red flags.

## Key facts
- FCA: no legal crypto ATMs currently registered.
- Promotions need approval and prominent risk warnings.
- Refer-a-friend bonuses on crypto often breach rules.
- Social media finfluencer ads are regulated.
- Report suspicious promotions to the FCA.

## Crypto ATMs

The FCA states no crypto ATMs are registered for legal operation in the UK. Machines in shops may operate without permission — using them carries fraud and money-laundering risk.
## Legal promotion requirements

From 2023 rules, most crypto promotions to UK consumers must be approved. Adverts should include clear risk warnings that you could lose all your money. Promotions without warnings may be illegal.
## Red flags

Guaranteed returns, time pressure, celebrity endorsements, unregistered platforms, and WhatsApp investment groups. See our scam types hub.

## FAQs
### Can I report a TikTok crypto ad?

Yes — to the FCA if it promotes an unregistered firm or lacks required warnings.

## Sources

- [FCA — Financial promotions regime for cryptoassets](https://www.fca.org.uk/firms/financial-promotions-regime-cryptoassets)
- [FCA — Cryptoassets for consumers](https://www.fca.org.uk/consumers/cryptoassets)

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— Digital Assets UK (https://digital-assets.co.uk/regulation/crypto-atms-and-promotions/), reviewed 2026-06-23. Source: https://www.fca.org.uk/firms/financial-promotions-regime-cryptoassets