The upcoming regulations that the Financial Conduct Authority will apply in the United Kingdom have caused the ByBit cryptocurrency platform to stop activities in the territory.
According to information in the local media, the new “Financial Promotion Rules for Crypto Assets”, the local authority…
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Financial Conduct Authority
UK will apply new crypto regulation in October
The new regulations that will govern the trading of digital assets in the United Kingdom will come into force on October 8. The Financial Conduct Authority (FCA) has stressed that companies that do not adhere to the rules will face…
UK regulators launch system against scams
The Advertising Standards Authority (ASA) and the UK Office for Internet Advertising (IAB) have launched an alarm system to detect and eliminate online fraud advertisements.
One of the main motivations of regulatory agencies is the…
Future of cryptocurrencies in the UK depends on the FCA
The United Kingdom has been characterized as one of the countries with one of the largest economic strengths in the world to the extend of having one of the strongest currencies traded in the market today.
This has been possible not only…
United Kingdom could ban sale of crypto derivatives to retailers
The Financial Conduct Authority (FCA), a British regulatory body, is studying the ban on the sale of cryptocurrency derivatives to retail investors. This was announced by the agency through the document entitled "Restriction contract for…