Financial Conduct Authority

FCA issues new guidance on how to comply with digital asset promotion rules
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7 November, 2023

FCA issues new guidance on how to comply with digital asset promotion rules

Under the new guidance, firms promoting digital asset products in the United Kingdom are mandated to provide ads that are...
Singapore central bank strikes partnership with foreign financial regulators for tokenization pilots
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6 November, 2023

Singapore central bank strikes partnership with foreign financial regulators for tokenization pilots

As part of Singapore's exploration of asset tokenization, the Monetary Authority of Singapore is teaming up with U.K. and Japan...
PayPal receives digital asset green light in the UK
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5 November, 2023

PayPal receives digital asset green light in the UK

After pausing some digital asset services in August, PayPal has now joined 42 other companies registered by the FCA to...
Digital asset firms have already breached new UK promotion rules 221 times
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30 October, 2023

Digital asset firms have already breached new UK promotion rules 221 times

The FCA identified three key issues that led to the breach: making claims about the safety of digital asset services,...
UK: Snapchat warned over privacy risks with AI chatbot
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13 October, 2023

UK: Snapchat warned over privacy risks with AI chatbot

In response to the warning from the U.K. watchdog, Snapchat said that its AI offering was subjected to multiple legal...
New UK rules on digital asset promotions come into force this week
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10 October, 2023

New UK rules on digital asset promotions come into force this week

Under the new rules that came into force on October 8, it is a criminal offense for unlicensed digital asset...
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