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digital assets and securities law

UK’s Financial Conduct Authority Clarifies Crypto-Asset Promotion Rules: A Deeper Look into the Implications and Impact

UK’s Financial Conduct Authority (FCA) unveils new crypto-asset promotion rules to be effective from October 8, 2023. The update impacts all businesses marketing crypto-assets to UK consumers, irrespective of location or technology used for promotion. Noncompliance may lead to criminal liability. These guidelines aim to enhance market transparency, consumer protection, and reduce fraud, potentially reshaping the UK’s crypto-asset landscape.

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