New FCA rules for cryptoasset promotions from October 2023 (June 2023)


Following the introduction of UK legislation to bring cryptoassets within the UK's financial promotions regime, the UK's Financial Conduct Authority (FCA) is introducing new rules from 8 October 2023 meaning that cryptoassets will only be able to be marketed to UK consumers (by UK or overseas firms) subject to certain restrictions. All firms promoting cryptoasset products or services to UK consumers should be preparing for the new framework, as the consequences of non-compliance can be significant.


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