According to @HenriArslanian, the UK's Financial Conduct Authority has launched a consultation on fund management tokenization, marking an official regulatory review of tokenized fund structures in the UK market. Source: @HenriArslanian. The author highlights a YouTube video for more details on the consultation, indicating where market participants can find additional context and updates. Source: @HenriArslanian. The announcement is dated Nov 5, 2025, providing a clear timing reference for traders tracking UK tokenization policy headlines. Source: @HenriArslanian.

According to the source, the first BTC ATM opened in Vancouver in 2013 at Waves Coffee House on Oct 29, 2013 (source: Reuters). Coin ATM Radar data show global Bitcoin ATM installations peaked near 39,000 in late 2022, dipped in 2023, and recovered to around 38,000 by mid‑2024, supporting a near‑40,000 footprint today (source: Coin ATM Radar). The UK ordered all unregistered crypto ATMs to shut since March 2022, materially curbing deployments in that market (source: UK Financial Conduct Authority). In the U.S., operators are treated as money services businesses and must implement AML/KYC programs, raising compliance costs and shaping rollout pace (source: FinCEN). For trading, a broader ATM network reflects wider fiat on‑ramp availability for retail BTC flows, although ATM fees are typically higher than online exchanges and can restrain volumes (source: U.S. Federal Trade Commission).