2023-6-9 13:49 |
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.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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A controversial Optimism governance proposal is pushing for some wallets that sold the airdrop to be banned from future airdrops.
2022-6-2 23:11 | |
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The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.
2018-11-5 22:04 | |
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The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.
2018-11-7 22:04 | |
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| Analogue Notcoin - TapSwap |
Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed.
"The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said.
BNXA UK VASP is the first firm to land on the Financial Conduct Authority's crypto register this year.
The United Kingdom’s financial regulator has endorsed a blueprint model designed to facilitate the tokenization of funds for asset management firms.
Those approving ads for other crypto companies are already facing regulatory scrutiny – and will soon need new permissions to continue.
Nexo is joining Bybit and Paypal in withdrawing some services from the U.K. in response to incoming promotion rules.
Crypto firms marketing their assets to UK consumers have received a stern warning in a missive dated September 21 from the United Kingdom’s Financial Conduct Authority (FCA), responsible for overseeing the nation’s financial markets.