FCA releases guidance for compliance with new UK crypto asset promotion rules
The regulator has made a few efforts to help crypto firms comply with the rules that came into force on Oct. 8.
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The regulator has made a few efforts to help crypto firms comply with the rules that came into force on Oct. 8.
Crypto firms such as Binance, OKX and MoonPay have announced they've been working to comply with the United Kingdom’s new financial promotion rules.
The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter.
The case against Titan Global Capital Management is the first brought under the U.S. regulator’s 2020 revised marketing rule. It also touches on compliance issues.
Crypto services in the U.K. will face stricter regulations, including a “cooling-off period” for first-time investors and a ban on “refer a friend” bonuses.
Crypto ads in Belgium will bear a blunt warning after a new regulation takes effect in May, and “mass” advertising campaigns will be subject to advance FSMA approval.
Following men’s cricket, the Board of Control for Cricket in India (BCCI) prohibits women’s teams from having commercial associations with crypto businesses.
The Spanish securities regulator (CNMV) has warned investors against putting funds in crypto-related companies. Montserrat Martinez Parera, vice president of the organization, stated that lack of control is one of…
The examination comes in the wake of the FTX debacle, a crypto exchange found to be mismanaging customers’ funds by simply lying about their operations.
The bill addressed stablecoin regulation from the start; now the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes.