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UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements

Started by Bitcoin, Sep 09, 2024, 05:36 pm

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Bitcoin

Sep 09, 2024, 05:36 pm
UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements

UK Regulator: 87% of Crypto Firms Fail to Meet Registration RequirementsThe UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part of its ongoing efforts to combat fraud and enhance consumer protection. In its annual report, the FCA outlined new marketing rules for crypto assets. The regulator issued 450 consumer alerts against illegal crypto […]

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