Key Takeaways The FCA has released comprehensive guidance tailored for crypto firms, aiming to assist them in navigating the newly established promotional regulations. Despite proactive measures from the FCA since the announcement of…
Binance and OKX started navigating the UK’s new FinProm regulations. Leading global cryptocurrency exchanges Binance and OKX have declared their intention to adhere to the United Kingdom’s newly implemented Financial Promotions (FinProm) regime….
The deadline has come for comments on a consultation paper and call for evidence released by the United Kingdom’s HM Treasury on a proposed crypto asset regulatory framework. The long-awaited paper, published in February,…
The UK’s NatWest bank has imposed daily, and monthly limits on crypto transactions after consumers lost “life-changing sums” totaling £329M to crypto scammers in 2022. According to a March 14th statement by NatWest,…
According to an investigation by The Bureau of Investigative Journalism and the Observer, more than 168 shell companies in the United Kingdom are suspected of operating fraudulent crypto or foreign exchange trading schemes,…