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The UK's FCA Sends Final Warning as Crypto Regulation Deadline Nears
As the 8 October 2023 deadline approaches for activating the new financial promotions regime for digital assets, the UK's Financial Conduct Authority (FCA) issued its last advisory warning today (Thursday), urging crypto companies targeting UK consumers to brace for the forthcoming regulatory adjustments. The UK Government has recently enacted legislation to regulate the promotion of cryptoassets to consumers. The move aims to protect Britons from making high-risk investments without adequate information. The new financial promotion regime will apply to all firms marketing crypto assets in the UK, including those ... (full story)