UK REGULATOR FCA HAS ISSUED OVER 1K WARNINGS TO CRYPTO FIRMS SINCE OCTOBER

Summary from the TLDR Crypto newsletter

Since new financial promotion rules took effect in October, the UK's Financial Conduct Authority (FCA) has issued over 1,000 warnings to crypto firms, leading to the removal of 48 apps from U.K. app stores. The FCA continues to crack down on unregistered crypto companies illegally promoting to the U.K. market while also providing guidance to ensure firms properly categorize their customers.