The FCA announces upcoming financial marketing regulations for crypto companies in the United Kingdom, which will come into force on October 8, 2023

Von Krypto News Österreich

Die Financial Conduct Authority (FCA) hat kürzlich eine Mitteilung an Kryptounternehmen im Vereinigten Königreich veröffentlicht, in der sie über die bevorstehenden Finanzmarketingvorschriften für digitale Vermögenswerte informiert. Diese Vorschriften werden am 8. Oktober 2023 in Kraft treten. Die FCA betont, dass diese Regelungen sowohl für inländische als auch für internationale Unternehmen gelten, die im Vereinigten Königreich ansässige Personen digitale Vermögenswerte anbieten. Die neuen Richtlinien zielen darauf ab, verschiedene Plattformen wie Websites, mobile Apps, soziale Medien und Online-Werbung abzudecken. Es gibt vier Möglichkeiten, die den Unternehmen zur Einhaltung der Vorschriften erlauben. Sie können entweder eine autorisierte Person nutzen, eine Ausnahmeregelung gemäß dem …
The Financial Conduct Authority (FCA) recently published a message to crypto companies in the United Kingdom, in which it informs you about the upcoming financial marketing regulations for digital assets. These regulations will come into force on October 8, 2023. The FCA emphasizes that these regulations apply to both domestic and international companies that offer digital assets based in the United Kingdom. The new guidelines aim to cover various platforms such as websites, mobile apps, social media and online advertising. There are four options that allow companies to comply with the regulations. You can either use an authorized person, an exemption according to the ... (Symbolbild/KNAT)

The Financial Conduct Authority (FCA) recently published a message to crypto companies in the United Kingdom, in which they inform about the upcoming financial marketing regulations for digital assets. These regulations will come into force on October 8, 2023. The FCA emphasizes that these regulations apply to both domestic and international companies that offer digital assets based in the United Kingdom.

The new guidelines aim to cover various platforms such as websites, mobile apps, social media and online advertising. There are four options that allow companies to comply with the regulations. You can either use an authorized person, take advantage of an exception in accordance with the Financial Services Market Act 2000, advertising campaigns via a licensed crypto company that is subject to the united kingdom's money laundering regulations or use the exclusion of the Financial Promotion Order of the FSMA.

Signs of financial advertising in connection with investment or damage management activities that are conveyed as part of business activity are regarded as a violation of the new regulations. From October 8, 2023, authorized persons or non-authorized persons with the permission of an authorized person may operate crypto-asset marketing.

This step of the FCA underlines its commitment to ensure the integrity and safety of the cryptoma market and to protect investors. A survey that was recently carried out showed a significant increase in crypto ownership in the United Kingdom. 10 % of the 2,000 participants stated that they have any form of cryptocurrency, and the property quadrupled from 2021 to 2022

The FCA would like to ensure that companies that offer digital assets act transparently and responsibly. By regulating the crypto market, it wants to minimize possible risks and create trust among investors.

It remains to be seen how these new regulations will affect the cryptom market in the United Kingdom. However, it is clear that the FCA endeavors to use the growing popularity of cryptocurrencies to protect the market and strengthen the trust of investors.