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UK Financial Conduct Authority Stops HTX From Promoting Crypto in Britain
(3 hours ago) · 1 source · Summarized by CryptoBipto
The UK's Financial Conduct Authority (FCA) has taken action to stop cryptocurrency exchange HTX from promoting its services to UK consumers. The regulator determined that HTX was marketing crypto products to British users without meeting the required regulatory standards. HTX has been required to cease its promotional activities directed at UK audiences.
WHY IT MATTERS
Think of the FCA like a referee for financial services in the UK.
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SOURCES
- fca.org.uk
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UK RegulationFCA EnforcementCrypto Advertising RulesExchange Compliance