FCA issues tougher ad rules for risky assets, pledges to target digital assets next
FCA published new guidelines prohibiting flashy ads that don’t portray the risks that such investment comes with, and digital assets ads are set to follow.
FCA published new guidelines prohibiting flashy ads that don’t portray the risks that such investment comes with, and digital assets ads are set to follow.
More troubles loom for digital assets firms like Celsius Network and Binance; meanwhile, Dubai launches its new 'metaverse strategy' that aims to open 40,000 virtual jobs by 2030.
The Investment Association believes that blockchain technology can be used to bring greater efficiency, cost savings, and transparency to mutual funds, according to the Financial Times report.
Paul-Willem van Gerwen spoke on the rise and impact of digital currency derivatives in his keynote speech at the Amsterdam Propriety Traders managers meeting.
The FCA didn't mention specific offenders and stated that the reminder had been necessitated by a growing number of social media posts related to digital currencies and NFTs.
Over 100 companies had applied for the temporary registration exemption, but only 12 were granted, even as several companies expressed outrage at the process.
The BOE noted that digital currency would pose a risk to the wider financial system as the industry grows, while the FCA spoke of several concerns that digital currency firms should keep in mind.
The Financial Conduct Authority (FCA) has posted a new job opening for the head of the Department of Digital Assets, which will deal with emerging business models in the Supervision, Policy and Competition division.
In this week’s CoinGeek Conversations, Bitstocks founder and CEO Michael Hudson talks about Gravity, which is restarting its service under the name of Gravity Money.
The U.K. regulator has said that none of the operating digital asset ATM operators are registered to offer such services and must shut down immediately or face regulatory action.
Enterprise-grade blockchain company nChain is recognized by LexisNexis as one of the Top 100 Most Innovative Companies alongside Mark Zuckerberg's Meta and China’s Tencent.
The FCA expressed concerns about a Binance subsidiary that recently took up a stake in a holding company regulated in the U.K., for the second time in a month.