Illegal crypto ads prevail in UK despite FCA warning
Only 54% of the 1,702 alerts issued by the United Kingdom’s Financial Conduct Authority resulted in illegal crypto ads being taken down.
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Only 54% of the 1,702 alerts issued by the United Kingdom’s Financial Conduct Authority resulted in illegal crypto ads being taken down.
Google said that advertisers who want to promote crypto exchanges and software wallets in the United Kingdom must be registered with the FCA.
The UK FCA previously said that almost 90% of annual crypto license applications had failed as of September 2024.
The UK Financial Conduct Authority said “Retardio” is not authorized to provide financial services in the country.
Bitget’s app relaunch in the UK comes a few months after the exchange restricted its website in the UK in accordance with the Financial Promotions […]
The FCA has defended its rigorous crypto regulations, countering claims that its high standards stifle innovation and hinder the UK’s global financial leadership.
Assetera and Archax have collaborated to provide UK and global investors with regulated access to tokenized funds, including real-world assets and digital assets.
The regulatory sandbox aims to strengthen the United Kingdom’s position as a global financial hub.
Telegram users in the United States are also restricted from using the platform’s in-app wallet due to financial regulations.
The FCA is throwing the book at the head of GidiPlus Limited for operating an ATM network after being denied registration.
