FCA Warns of 2 Years Imprisonment for Unauthorized Crypto Asset Financial Promotions
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The FCA said a crypto asset business registered under the MLRs with the agency could conduct the promotion. The UK Financial Conduct Authority (FCA) has warned crypto companies within the nation to get ready for new rules on crypto asset promotions. The financial watchdog released a statement on the 6th of February, stating that crypto asset firms must comply with the new financial promotions regime or face the consequences of violation. FCA Discusses Unauthorized Crypto Asset Financial Promotions In the press release, the FCA explained that the government revealed its plans to bring the promotion of specific crypto assets under
Bybit relaunches UK operations after regulatory exit, restoring spot and P2P trading under FCA-compliant financial promotion arrangements. Bybit has officially reentered the UK market after a two-year absence, driven by regulatory changes. The crypto exchange currently provides spot trading along with P2P services to UK users. Moreover, the relaunch reflects…