UK Finance Watchdog Cracks Down on Cryptocurrency Applications
The Financial Conduct Authority (FCA), the United Kingdom's chief financial regulator, has recently intensified its surveillance and enforcement of the burgeoning cryptocurrency market, emphasizing the need for stricter compliance with the country's newly instituted advertising laws. In a decisive move, the FCA has successfully removed 35 crypto-related applications from various app stores, signaling a significant shift towards more regulated crypto advertising and operations within the UK.
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