Crypto-asset service providers (CASPs) have taken steps to improve their advertising and cost information, but incorrect, unclear or misleading information is still too common.
The UK Advertising Standards Authority (ASA) has issued a ruling against CB Payments Ltd trading as Coinbase.
Stockpile Investments, Inc has agreed to pay a fine of $50,000 as a part of a settlement with the Financial Industry Regulatory Authority (FINRA).
The UK ASA today issued a ruling regarding a tweet from the Essex County Cricket club Twitter/X account which promoted NFTs for FanCraze Technologies.
Since 8 October, the UK Financial Conduct Authority (FCA) has been supervising firms against the new regime.
The FCA plans to take another significant step in its work to combat illegal and non-compliant financial promotions.
The FCA tells cryptoasset firms marketing to UK consumers to get ready for the financial promotions regime by 8 October 2023.
Those marketing cryptoassets to UK consumers will need to introduce a cooling-off period for first time investors from 8 October 2023.
The new rules governing the distribution of virtual currencies to consumers entered enter into force on 17 May 2023 in Belgium.
The SEC announced charges against crypto asset entrepreneur Justin Sun and three of his wholly-owned companies.
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