Despite the FCA’s crackdown on illegal crypto ads in the UK, only 54% of 1,702 alerts led to removals between October 2023 and October 2024. The regulator warned of penalties, including fines and imprisonment, but no enforcement actions have been taken yet. With crypto promotions requiring FCA authorization, noncompliance remains high. The FCA aims to finalize crypto regulations by Q1 2026, focusing on market abuse, trading platforms, lending, and stablecoins. 🚨 #Crypto #FCA #UK #Regulation #Blockchain

Reply to this note

Please Login to reply.

Discussion

No replies yet.