On May 23, 2018, the Financial Conduct Authority issued a warning regarding Gpay Limited trading as Cryptopoint

In its notification, the FCA said "We believe this firm has been providing financial services or products in the UK without our authorisation. Find out why to be especially wary of dealing with this unauthorised firm and how to protect yourself from scammers.".

The FCA went on to note that

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.

However, some firms act without our authorisation and some knowingly run investment scams.

This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we believe it is carrying on regulated activities which require authorisation.

Gpay Limited trading as Cryptopoint

Trading styles: XFM; XtraderFX

Companies House reference: 10938332

Address: 18 Stoke Road, Slough SL2 5AG

Telephone: 0203 318 3272; 0203 936 2481; 0203 936 2479; 0203 936 2477; 0752 064 0532

Email: support@crytopoint.com; support@crytopoint.com; support@crytopoint.com; support@crytopoint.com

Website: http://www.cryptopoint.com; http://bitcointrader.software; http://www.xtraderfx.com/

Click here to view the FCA's original notice