CRYPTOCURRENCY
cryptocurrency
UK's FCA Introduces New Financial Promotions Regime for Cryptoasset Firms
The UK's Financial Conduct Authority (FCA) has issued a letter to cryptoasset firms outlining a new financial promotions regime. This legislation, set to be enforced from 8 October 2023, requires all entities marketing cryptoassets to UK consumers, including those based abroad, to adhere to the new regime.