FCA Yet To Penalize Firms For Illegal Cryptocurrency Ads
According to Odaily, the UK's Financial Conduct Authority (FCA) has not yet penalized companies for failing to remove illegal cryptocurrency advertisements. Despite the FCA's directive to take down such promotions, half of the banned ads remain online. Data obtained through a freedom of information request reveals that between October 2023 and October 2024, only 54% of the 1,702 alerts issued...
