UK regulator warns crypto firms over 'lack of engagement' with new rules

Quick Take

  • The FCA is concerned by the “lack of engagement” from unregistered crypto firms to its incoming financial promotions regime.
  • All crypto asset firms marketing to UK consumers will need to comply with the regulatory regime from Oct. 8.

The UK's Financial Conduct Authority warned unregistered crypto firms about their lack of engagement with the regulator over the upcoming financial promotions regime.

In a letter sent Thursday, the UK regulatory body