Decrypt logo
Decrypt logo

Coin Prices


News Explorer — UK Crypto Firms Offered 3-Month Grace Period to Comply With New FCA Advertising Rules

Generated by AI, curated by humans


Sep 7, 3:18 pm
Coindesk

UK Crypto Firms Offered 3-Month Grace Period to Comply With New FCA Advertising Rules

The UK's Financial Conduct Authority (FCA) has announced that crypto firms may be given an additional three months to implement regulations aimed at curbing aggressive marketing. The new rules, which were originally set to take effect on October 8th, include bans on inappropriate incentives. However, compliant firms can now delay implementation until January 2024 to ensure they have the necessary technical setup. The FCA still plans to take enforcement action against overseas or unregulated firms that unlawfully market to UK consumers.

Latest

May 14, 5:16 pm
Decrypt

T3 Financial Crime Unit Freezes $450 Million in Illicit Digital Assets, Aiding Global Law Enforcement Efforts

Read Summary

May 14, 4:51 pm
Decrypt

Senate Democrats Split on the Clarity Act, Which Passes Committee Vote

Read Summary

May 14, 3:42 pm
Decrypt

Bullish Q1 Loss Driven by Lower Revenue, But CEO Remains Optimistic About Future Growth

Read Summary

May 14, 3:33 pm
Decrypt

Prediction Markets Receive Regulatory Relief From the CFTC, Simplifying Compliance

Read Summary

May 14, 3:09 pm
Decrypt

Nakamoto Shares Fall to New Low as Firm Sells More Bitcoin, Reports $239M Loss

Read Summary

May 14, 2:25 pm
Decrypt

Nigel Farage Under Scrutiny for $6.7 Million Gift From Major Tether Backer

Read Summary

May 14, 1:00 pm
Coindesk

Grove Basin Aims to Improve Tokenized Treasury Funds With Instant Stablecoin Liquidity for Investors

Read Summary

May 14, 1:00 pm
Coindesk

Fasset Raises $51 Million to Expand Stablecoin-Powered Banking Platform

Read Summary

May 14, 1:00 pm
Coindesk

Crypto Wallet Tech Firm Turnkey Raises $12.5 Million With Backing From Circle, Sequoia

Read Summary

May 14, 1:10 pm
Decrypt

Bank of England Reevaluating Stablecoin Regulations to Address Liquidity Stress, Industry Demands

Read Summary

May 14, 1:01 pm
Decrypt

Tezos Makes Post-Quantum Push as Founder Calls Out 'Crank Theories' From Bitcoin Backers

Read Summary

May 14, 12:49 pm
Decrypt

Bitcoin Dip Linked to Strategy's Preferred Stock May See a Pattern Shift on Friday's Ex-Dividend Date

Read Summary

May 14, 12:13 pm
Coindesk

Coinbase Strengthens USDC Liquidity Management on Hyperliquid, Expanding Stablecoin Usage Beyond Ethereum

Read Summary

May 14, 12:00 pm
Coindesk

Bitcoin Firm Strive's Daily Cash Dividends on Preferred Stock Offer Higher Annual Yield Than Traditional Monthly Payments

Read Summary

May 14, 10:56 am
Decrypt

U.S. Spot Bitcoin ETFs Post Single-Day Outflow of $630.4M

Read Summary