As the clock ticks toward the implementation of the crypto asset financial promotions regime on October 8, 2023, the UK's Financial Conduct Authority (FCA) has engaged a diverse range of regulated crypto asset firms to assess their readiness. According to the watchdog, some firms have overlooked the broad aspect of financial promotions, focusing primarily on traditional advertising and neglecting the content of their digital promotions. According to the FCA, the definition of financial promotion is broad, encompassing websites, blogs, mobile apps, and various forms of content. The FCA has observed that compliance ... (full story)