Some foreign crypto firms have responded poorly to the U.K. Financial Conduct Authority’s attempts to engage them about its upcoming promotions rules for the sector, officials at the regulator said during a Monday interview with CoinDesk.
The promotion rules requiring crypto firms to have appropriate warnings on websites and implement a 24-hour waiting period for new investors to confirm they want to enter into a contract with companies will take effect on Oct. 8. The regulator has also given firms the option of applying for
