Title: UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements
Post by: Bitcoin on Sep 09, 2024, 05:36 pm
Post by: Bitcoin on Sep 09, 2024, 05:36 pm
UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements
The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part of its ongoing efforts to combat fraud and enhance consumer protection.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 […]
Source: UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements (https://news.bitcoin.com/uk-regulator-87-of-crypto-firms-fail-to-meet-registration-requirements/)
The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part of its ongoing efforts to combat fraud and enhance consumer protection.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 […]Source: UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements (https://news.bitcoin.com/uk-regulator-87-of-crypto-firms-fail-to-meet-registration-requirements/)