Crypto.com Soars With UK Regulatory Approval, Introduces New Product Offering As Authorized EMI

Singapore-based cryptocurrency exchange Crypto. com has obtained authorization from the UK’s Financial Conduct Authority (FCA) to act as an electronic money institution (EMI). According to a December 4 announcement, this new license allows Crypto.

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UK Regulators Fire Off 146 Crypto Violation Alerts on First Day of New Promotion Rules

The UK's Financial Conduct Authority (FCA) issued 146 alerts for crypto malpractice on the first day of new regulations, aiming to ensure crypto promotions are fair and clear. The post UK Regulators Fire Off 146 Crypto Violation Alerts on First Day of New Promotion Rules appeared first on BeInCrypto.

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UK stablecoin regulation begins to take shape in multiple FCA, BOE documents

It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking.

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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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UK FCA takes action against rule-breaking crypto firms

The FCA issued a statement on Oct. 25, warning crypto firms that they still need to comply with the new rules on financial promotions for crypto assets. The FCA said it has identified 221 breaches of the rules by crypto…

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UK crypto advertisers have defied FCA's rules at least 221 times

The new regulations require FCA-authorized firms to approve crypto-related ads. However, this is not the first time that the FCA has raised concerns. According to the UK's Financial Conduct The post UK crypto advertisers have defied FCA's rules at least 221 times appeared first on AMBCrypto.

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Crypto Marketers Take Note: UK Regulator Issues Warning On ‘Common Issues’

In a bid to “safeguard consumers,” the UK Financial Conduct Authority (FCA) has issued a warning regarding “common issues” observed in crypto asset promotions.  With the implementation of a new marketing regime, the FCA has asserted its authority over crypto promotions in the UK.

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Crypto firms have already breached new UK promo rules 221 times, says FCA

Many of the firms the FCA warned were breaching the new rules appear to be dubious high-yield return schemes, but legitimate firms have seen warnings, too.

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UK’s Financial Conduct Authority says crypto firms are failing to satisfy new promotional rules

The U. K. ’s Financial Conduct Authority (FCA) said on Oct. 25 that many crypto firms are failing to meet its new promotion requirements. The relevant rules came into effect on Oct. 8. Those rules require companies to warn users that they could lose their entire investment by investing in some crypto products.

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Impact of FCA’s new crypto rules: market shifts and high-profile exits

FCA's enforcement of new advertising guidelines triggers changes in the UK crypto space, prompting high-profile exits and the birth of compliance gatekeepers.

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Key Binance UK Departure Throws Future Into Turmoil

Binance UK CEO allegedly departs after new FCA rules increase compliance burdens at the exchange. The post Key Binance UK Departure Throws Future Into Turmoil appeared first on BeInCrypto.

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Solana DeFi protocol Marinade Finance restricts UK access following new FCA rules

Solana-based decentralized finance (DeFi) protocol Marinade Finance has blocked users from the United Kingdom in compliance with the new Financial Conduct Authority (FCA) regulations. CryptoSlate attempted to access the website from a U.

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UK Regulatory Body Under Scrutiny from City Minister Regarding Cryptocurrency Regulations; Insights into BNB and VC Spectra Price Movements

Andrew Griffith, a UK MP, has called on the Financial Conduct Authority (FCA) to extend flexibility and clarity on the new crypto rules. Meanwhile, BNB recently concluded its 25th quarterly burn.

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UK: Binance to temporarily stop accepting new users and this is why...

Binance places restrictions on new users from the United Kingdom The restriction comes in the wake of new FCA rules for financial marketing The world's largest crypto exchange — Binance seThe post UK: Binance to temporarily stop accepting new users and this is why... appeared first on AMBCrypto.

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Binance to Stop Accepting New U.K. Users to Comply With Ad Rules

The firm will stop accepting new users starting Monday after U.K. regulator FCA last week restricted Binance's local partner from approving crypto ads.

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UK politician calls on FCA to be less aggressive on crypto ads

The new regulation is considered one of the toughest in the world as it bans unauthorized crypto firms from marketing in the UK. The Economic Secretary to the Treasury, Andrew Griffith, has urged the Financial Conduct Authority (FCA) to find…

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Exploring FCA’s new crypto promotion rules and their implications

With the FCA's new regulations, UK crypto firms face enhanced oversight, setting a potential global precedent for crypto marketing standards. Read how.

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FCA restricts Binance's UK partner from approving crypto ads

The move comes just days after the FCA's new requirements for crypto firms came into effect. The FCA also urged the platform to withdraw any advertisements offering to approve such financial prThe post FCA restricts Binance's UK partner from approving crypto ads appeared first on AMBCrypto.

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'Non-authorized' crypto firms cross 140, per U.K. FCA

The latest updates ask crypto exchanges to warn their users about the risks associated with crypto investments. Many crypto firms have updated their platforms in order to comply with the new rThe post 'Non-authorized' crypto firms cross 140, per U.K. FCA appeared first on AMBCrypto.

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OKX reacts to new UK crypto regulations, reduces listed tokens

In an Oct. 8 update on its website, OKX stated that it had tailored a compliant user experience in line with the FCA’s new crypto promotion rules. 

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UK Crypto Law Change Leads Bybit to Halt Operations

Crypto exchange Bybit suspends UK services starting October 2022 due to new FCA regulations on crypto asset promotions.

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Major Crypto Exchange Bybit Suspends Services In The UK As New FCA Crypto Rules Bite

Crypto exchange Bybit has announced that it will suspend its operations in the UK ahead of new crypto marketing rules set to be implemented by the country’s top financial regulator, the Financial Conduct Authority (FCA), next month.

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Bybit to leave UK ahead of upcoming FCA regulations

Crypto exchange Bybit is leaving the U. K. market in anticipation of the new crypto marketing rules set to take effect in October. A Sept. 22 announcement from the exchange stated that the new rules by the U.

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Bybit to suspend UK services due to regulatory changes

Bybit will stop new account registrations on October 1 and end pause deposits and other services for existing customers on October 8. The exchange’s announcement comes ahead of the effective date for new FCA rules for crypto firms.

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New UK crypto laws pose stiff challenge for most firms, cautions Delphi Labs counsel

Delphi Labs general counsel Gabriel Shapiro warned that most crypto firms will struggle to comply with the new financial promotions regulations by the U. K. Financial Conduct Authority (FCA). In a Sept.

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The FCA Doubles Down on ‘Travel Rule’ Enforcement for Crypto Transactions

The United Kingdom's Financial Conduct Authority sets forth new rules for parties to cryptoasset transactions. The post The FCA Doubles Down on ‘Travel Rule’ Enforcement for Crypto Transactions appeared first on BeInCrypto.

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PayPal halting UK cryptocurrency purchases

With an anticipated return in early 2024, PayPal (NASDAQ: PYPL) has announced that it will temporarily halt crypto purchasing services in the UK starting on October 1, 2023. The move was made in response to new regulatory demands made by the UK Financial Conduct Authority (FCA), as explained in an email sent to a limited […] The post PayPal halting UK cryptocurrency purchases appeared first on Invezz.

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PayPal to halt crypto sales in U.K. from October 1st

PayPal to pause crypto sales as it works to comply with new FCA rules. Crypto sales on its platform will likely be resumed in early 2024. PayPal is slated to launch its own stablecoin in the coming weeks.

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UK Crypto Firms Think Poorly of the FCA, Survey Finds

A new survey reveals UK crypto firms struggling to comply with regulations.

The post UK Crypto Firms Think Poorly of the FCA, Survey Finds appeared first on BeInCrypto.

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UK’s FCA Could Soon Make Crypto Boring

The Financial Conduct Authority (FCA) in the UK has identified a new area of potential regulatory concern: cryptocurrency memes. The financial watchdog warned that non-compliant crypto memes might not just...

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New FCA Warning Targets Meme Coins Like PEPE, SHIB and DOGE

UK FCA has issued guideline that can impact meme coin promotion

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UK Watchdog Takes Aim at Social Media Crypto Promotions Including Memes

The FCA noted a growing popularity of cryptocurrencies and investment products being marketed online. A new proposal aims to modernize existing guidelines for financial promotions. The social media rules are aimed at platforms like YouTube, Instagram, Threads, Discord, and Twitter.

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Crypto influencers, firms must add disclaimers to meme promos, FCA says

The UK's financial regulator has unveiled new proposed guidelines requiring crypto firms and influencers to add disclaimers to crypto-related memes

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UK sets deadline for crypto industry to tackle misleading ads or face severe penalties

In a bid to regulate the communication of information regarding crypto-related products, the Financial Conduct Authority (FCA) has introduced new rules that specifically target companies operating in the United Kingdom.

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U.K. Blazes Trail With New Cryptocurrency Rules

The FCA’s regulations provide greater legal clarity for developers but place additional compliance burdens on companies marketing cryptocurrencies, says Preston Byrne, a partner at Brown Rudnick.

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New UK crypto ad laws will go into effect in October

The United Kingdom’s Financial Conduct Authority (FCA) said the new financial promotions regime would apply to crypto assets starting October 8. In a July 4 letter, the financial regulator outlined several legal routes for firms to promote crypto assets to U.

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Changes in UK’s Crypto Marketing Regulations: Potential Jail Time for Offenders

The UK's FCA introduced a new framework of crypto marketing regulations to protect consumers and promote responsible growth within the fast-evolving crypto industry. The post Changes in UK’s Crypto Marketing Regulations: Potential Jail Time for Offenders appeared first on BeInCrypto.

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Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, Official Says

Crypto airdrops and NFTs themselves will not be banned, but using such incentives alongside promotions that encourage people to invest would be, said FCA's Matthew Long.

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UK Financial Conduct Authority Clamps Down on Crypto Marketing

The UK’s Financial Conduct Authority (FCA) recently proposed some strict new rules for how crypto companies can market their products and services to customers. If passed, the regulations would clamp down on misleading hype and unrealistic promises, requiring more transparency and balanced information.

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UK FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules

The Financial Conduct Authority said it will treat crypto like a high risk investment, and will consult on new guidance for its rules on promotions.

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UK FCA Wants to Work With the Crypto Industry to Develop Regulation, Executive Says

The U.K. is consulting on new rules for the crypto sector.

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London Stock Exchange’s LCH is set to offer Bitcoin futures and options

London Stock Exchange's clearing house unit is set to offer Bitcoin futures and options to its investors The new feature will roll out in collaboration with FCA regulated digital asset exchangeThe post London Stock Exchange’s LCH is set to offer Bitcoin futures and options appeared first on AMBCrypto.

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UK regulators to set new rules for crypto ads

The United Kingdom's Financial Conduct Authority (FCA) informed crypto companies targeting U.K. investors to prepare for an incoming regulation regarding cryptocurrency promotions.

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UK FCA warn crypto companies to comply with new ad regime or face imprisonment

The United Kingdom Financial Conduct Authority (FCA) warned crypto companies to comply with the country’s new financial promotions regime or face up to two years imprisonment, according to a February 6 statement.

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Crypto firms face uphill battle to meet FCA standards

A new report from the Financial Conduct Authority (FCA) reveals that a staggering 85% of cryptocurrency firms who applied for a license with the regulator failed to meet its minimum standards.

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FCA Crypto Boss's Chilling Warning: Be Prepared to Lose It All

Financial Conduct Authority (FCA) is taking increasingly hardline stance on cryptocurrency regulation, with its new Digital Assets Director Matthew Long issuing stark warning to potential investors

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FCA’s incoming chair calls for further crypto regulation

The new chair of the UK’s FCA makes condemnatory comments about cryptocurrencies ahead of his tenure in 2023.

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UK's FCA Appoints Binu Paul to Lead Its Digital-Assets Department

Previously, Paul worked as the fintech lead at New Zealand's Financial Markets Authority.

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Robinhood Launches Crypto Wallet on Polygon While Revolut Gets Regulatory Green Light in UK

Digital bank Revolut has been added to the U.K. Financial Conduct Authority’s (FCA) list of registered crypto firms as zero-fee brokerage firm Robinhood trials a new Polygon wallet. The post Robinhood Launches Crypto Wallet on Polygon While Revolut Gets Regulatory Green Light in UK appeared first on BeInCrypto.

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