The UK’s Financial Conduct Authority has charged two men for orchestrating a £1.5 million cryptocurrency fraud, they both pleaded guilty to multiple charges In a landmark case that has underlined the risk of unauthorized crypto schemes, the UK’s Financial Conduct Authority has prosecuted two men, Raymondip Bedi and Patrick Mavanga, for orchestrating a £1.5 million…
The UK’s Financial Conduct Authority (FCA) recently proposed some strict new rules for how crypto companies can market their products and services to customers. If passed, the regulations would clamp down on misleading hype and unrealistic promises, requiring more transparency and balanced information. According to a release by the FCA, the new rules, which will…
The United Kingdom’s Financial Conduct Authority (FCA) has warned the public that is should beware of investing in crypto assets. The regulator states that digital currencies like Bitcoin and Ethereum have no intrinsic value and therefore offer a high level of risk. The comments come as part of the FCA’s newly-published guidelines for companies operating…
The number of complaints relating to crypto assets received by the U.K.’s Financial Conduct Authority (FCA) has risen sharply during the 2018 bear market. FCA Currently Investigating 50 Cryptocurrency Firms People rarely call foul play during a bull market. When the charts are all green, who really cares if a project FOMO’d into last November…