Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
FCA releases supplementary guidance on UK crypto asset promotion rules

FCA releases supplementary guidance on UK crypto asset promotion rules

CointimeCointime2023/11/02 18:18
By:Cointime

On October 8th, the promotion of encrypted assets rules that took effect in the UK caused some confusion. The Financial Conduct Authority (FCA) responded by providing additional guidance for cryptocurrency companies to help them comply with the regulations. FCA Consumer Investment Director Lucy Castledine stated in a statement, "Although the new rules for the cryptocurrency industry are consistent with existing rules for other high-risk investments, we have worked extensively with the industry and designed this guide specifically to support cryptocurrency companies in complying with the rules."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Experts Anticipate a Surge for SUI Cryptocurrency Based on Positive Indicators

In Brief SUI cryptocurrency shows optimism through positive technical indicators. Experts believe SUI is poised for a potential upward movement. Institutional predictions suggest significant price levels could be reached for SUI.

Cointurk2025/04/22 23:33
Experts Anticipate a Surge for SUI Cryptocurrency Based on Positive Indicators

Massive OM Token Burn Sparks Investor Debate and Market Tension

In Brief Mullin announced a significant burn of 300 million OM tokens to reduce supply. Investor confidence is shaken as whale movements raise concerns about potential sell-offs. Market sentiment remains crucial as analysts call for additional measures for recovery.

Cointurk2025/04/22 23:33
Massive OM Token Burn Sparks Investor Debate and Market Tension