Britain’s Financial Conduct Authority has launched formal legal proceedings against global crypto exchange HTX for repeatedly issuing unlawful crypto promotions to UK consumers, while also urging major app stores and social media platforms to block the firm’s access in the country.
Nick Barnard, partner at Corker Binning and quoted in Reuters, Channel News Asia and Bitcoinist.com coverage, noted the challenges regulators face in policing overseas crypto platforms in the absence of a physical UK presence.
Read the full articles here: Reuters.com Channel News Asia Bitcoinist.com
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