A quarter of new firms have been stopped by the FCA from entering the consumer investment market, new data published by the regulator has revealed.
Between April and September last year, the FCA received 16,400 enquires about possible scams, up nearly a third from the same period in 2020. Cryptoasset-related scams are the most common.
During these six months, the FCA opened over 300 cases relating to possible cryptoasset businesses not registered with the FCA, many of ...