United Kingdom: FCA Enforcement of Rules on Online Financial Promotion of Cryptoassets
Progress
Current status
adopted
10 Oct 2023 adopted
Scope
Implementers
United Kingdom
Policy Area
Content moderation
Policy Instrument
Content moderation regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Adopted FCA restrictions on rebuildingsociety.com over cryptoassets financial promotion
On 10 October 2023, the UK Financial Conduct Authority (FCA) imposed restrictions on "rebuildingsociety.com Ltd", a peer-to-peer platform, preventing it from approving cryptoasset financial promotions. The measure restricts the website's ability to …
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
other regulatory body