FCA
FCA warns Premier League clubs over crypto sponsorship risks
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The UK's Financial Conduct Authority has warned Premier League clubs against sponsorship deals with unauthorized crypto firms. The regulator cited potential legal, money laundering and reputational risks for clubs and fans.
The Financial Conduct Authority completed its new crypto rulebook on June 30, requiring firms to seek full authorization for activities starting in 2027.
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The UK's Financial Conduct Authority has proposed allowing certain retail investment funds to hold up to 10% of their assets in cryptocurrency exchange-traded notes.
The United Kingdom's Financial Conduct Authority has released guidance to help cryptocurrency firms prepare for a new regulatory framework set to begin in 2027. Firms offering crypto asset services will need authorization under upcoming regulations. The move aims to protect consumers and build trust in the sector.
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Cryptocurrency exchange Bybit has reentered the UK market after exiting in 2023 due to stricter regulations on crypto promotions. The platform, the second-largest by trading volume, now offers spot trading on 100 currency pairs under a compliant framework. This move comes as the UK government plans a dedicated crypto rulebook by 2027.