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10 things crypto firms need to know about the new financial promotions regime

A Crypto.com Bitcoin trading advert
Photo: Visionhaus/Getty Images

Emma Tran | Ashurst, Bisola Williams | Ashurst

3 min read
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The FCA wants cryptoasset firms to understand the broad definition of financial promotions.

The FCA has published the findings of its review on the preparedness of cryptoasset services providers (CASPs) for the financial promotions regime, together with a letter addressed to firms intending to communicate/approve cryptoasset financial promotions ahead of the October 8, 2023 implementation date.

The FCA found that most firms have faced

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