2024-3-31 19:05 |
"The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said.
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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.
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.