Ahead of new rules surrounding the marketing of cryptoasset products coming into force on 8 October, the Financial Conduct Authority (FCA) has set out its expectations.
The FCA has said that, in response to industry readiness, it will consider giving cryptoasset firms more time to implement certain changes, for instance a 24-hour cooling off period.
Firms could be given until 8 January 2024 to introduce features that require more technical development. However, the...