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The FCA warned it will continue to take robust action. (FCA)
Policy
Regulations
UK Financial Watchdog Issued 450 Alerts on Illegal Crypto Promotions in Last Three Months of 2023
The Financial Conduct Authority said firms approving ads need to take their regulatory obligations seriously.
The FCA warned it will continue to take robust action. (FCA)
By Camomile Shumba
Feb 14, 2024 at 10:54 a.m. UTC
Feb 14, 2024
RegulationsFCAUKAds
FCA building (FCA)
Policy
Regulations
UK Regulator Warns Crypto Firms of 'Hard to Read' Risk Warnings
The Financial Conduct Authority has blocked Binance's chosen ad approver and added 221 firms to its warnings list since a new crypto marketing regime took effect on Oct. 8.
FCA building (FCA)
By Sandali Handagama
Oct 25, 2023 at 11:55 a.m. UTC
Oct 25, 2023
RegulationsBinanceUKFCAAds
UK United Kingdom British England Flag (Unsplash)
Finance
Crypto
Binance's U.K. Partner Can't Approve Crypto Ads, Regulator Says
The Financial Conduct Authority may have derailed Binance's plans to comply with the new crypto marketing regime by imposing restrictions on the firm's recently enlisted local...
UK United Kingdom British England Flag (Unsplash)
By Camomile Shumba
Oct 10, 2023 at 2:04 p.m. UTC
Oct 10, 2023
CryptoBinanceFCAAds
UK FCA entrance (FCA)
Policy
Regulations
UK Regulator Saw 'Poor' Engagement From Some Overseas Crypto Firms on Upcoming Ad Rules
With the rules set to take effect Oct. 8, officials at the Financial Conduct Authority have a plan to tackle non-compliant firms, CoinDesk was told.
UK FCA entrance (FCA)
By Camomile Shumba
Oct 2, 2023 at 3:20 p.m. UTC
Oct 2, 2023
RegulationsFCAUKAds
Screenshot from "Crypto & Beach Houses" video (Bitget/Youtube)
Web3
Opinion
Is It 2022 Again? Comedian Adam DeVine Appears in Strange Ad for Crypto Exchange Bitget
The “Workaholics” co-creator and star is the face of Bitget’s new #SetForChange campaign, which released a new “Crypto & Beach Houses” video to kick off the partnership.
Screenshot from "Crypto & Beach Houses" video (Bitget/Youtube)
By Toby Bochan
Aug 4, 2023 at 7:48 p.m. UTC
Aug 4, 2023
OpinionBitgetWeb3celebrity endorsementsCrypto ExchangesAds
FCA building (FCA)
Policy
Regulations
UK FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules
The Financial Conduct Authority said it will treat crypto like a high risk investment, and will consult on new guidance for its rules on promotions.
FCA building (FCA)
By Camomile Shumba
Jun 7, 2023 at 11:01 p.m. UTC
Jun 7, 2023
RegulationsCryptoFCAAds
UK Parliament Building and Big Ben, London (Ugur Akdemir/Unsplash)
Policy
Regulations
Registered UK Crypto Firms Can Approve Their Own Ads, Lawmakers Decide
The law on promotions is set to come into effect around four months from now if there are no objections, the finance ministry has said.
UK Parliament Building and Big Ben, London (Ugur Akdemir/Unsplash)
By Camomile Shumba
May 3, 2023 at 3:18 p.m. UTC
May 3, 2023
RegulationsCryptoUKAds
A bill to prevent social-media influencers from promoting cryptocurrencies is in the works in France's National Assembly. (Antoine Gyori/AGP/Corbis via Getty Images)
Policy
Regulations
French Lawmakers Agree to Effectively Ban Crypto Influencer Promotions
Social-media stars couldn't tout unlicensed crypto products under a plan voted on by the National Assembly’s Economics Committee.
A bill to prevent social-media influencers from promoting cryptocurrencies is in the works in France's National Assembly. (Antoine Gyori/AGP/Corbis via Getty Images)
By Jack Schickler
Mar 22, 2023 at 2:59 p.m. UTC
Mar 22, 2023
RegulationsFranceInfluencersAdsSocial Media
(Yoshiyoshi Hirokawa/Getty Images)
Policy
Uk
UK Crypto Industry Celebrates Government’s Planned Exemptions for Crypto Ad Approvals
But the country’s financial watchdog says it will “take a consistent approach to that taken for other high-risk investments,” when the time comes to set up enforcement rules.
(Yoshiyoshi Hirokawa/Getty Images)
By Camomile Shumba
Feb 2, 2023 at 3:22 p.m. UTC
Feb 2, 2023
UKPolicyCryptoAds
White House Calls on Congress to ‘Step up’ Regulation Efforts; Argo Blockchain Faces Suit Over US Share Sale
Video
Congress
White House Calls on Congress to ‘Step up’ Regulation Efforts; Argo Blockchain Faces Suit Over US Share Sale
Four senior U.S. officials in the White House published a statement on Friday urging Congress to “step up its efforts” with respect to regulating the cryptocurrency market. Pl...
White House Calls on Congress to ‘Step up’ Regulation Efforts; Argo Blockchain Faces Suit Over US Share Sale
By CoinDesk Inc
Jan 27, 2023 at 9:02 p.m. UTC
Jan 27, 2023
Congresscdtvaab clipIPOArgo BlockchainWhite HouseAds