UK’s Regulator Only Manages to Take Down 54% of Illegal Crypto Ads
The British Financial Conduct Authority (FCA) has reportedly been unsuccessful in removing all illegal crypto advertisements as nearly half of them are still available online.
The British Financial Conduct Authority (FCA) has reportedly been unsuccessful in removing all illegal crypto advertisements as nearly half of them are still available online.
Google has announced updates to its advertising policy for cryptocurrencies, tightening requirements for advertisers who want to promote crypto products and services in the UK.
The UK’s Financial Conduct Authority (FCA) has defended its strict registration requirements for cryptocurrency firms in response to recent criticism.
In an effort to assist the crypto industry in complying with the UK’s Travel Rule, CryptoUK, a self-regulatory trade association, has released a comprehensive guide.
The UK’s Financial Conduct Authority has issued a warning to unregistered cryptocurrency firms for their lack of interaction with the regulator in preparation for the new financial promotions regime.
The UK Treasury is aiming to have the law regulating cryptocurrencies in place before the end of 2023.
This week, FCA Director General Nikhil Rathi has reaffirmed the agency’s hardline stance on digital currencies.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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