FCA warns U.K. crypto companies to expect new restrictions on financial promotions

On Monday, U.K.-based cryptocurrency companies were strongly urged to be ready for new regulations concerning financial promotions; the Financial Conduct Authority (FCA) advised that any violations could result in a two-year jail sentence. The financial regulator announced that the regulations on cryptocurrencies would resemble those of other high-risk investments, ensuring transparency and fairness in marketing. … FCA warns U.K. crypto companies to expect new restrictions on financial promotions Read More »