Kraken Co-CEO Criticizes UK’s Cigarette-Style Crypto Promotion Rules

Jesse Powell says new Financial Conduct Authority (FCA, UK financial regulator) marketing requirements are excessively restrictive for cryptocurrency services.

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Terms & Concepts
  • FCA (Financial Conduct Authority): The UK’s main financial regulatory body overseeing markets, firms, and consumer protection.
  • Crypto promotion rules: Regulatory guidelines governing how cryptocurrency products and services can be marketed to the public.