UK Financial Conduct Authority: New regulations for crypto marketing will come into effect on October 8th.

According to BlockBeats news on July 4th, the UK Financial Conduct Authority's (FCA) new regulations on crypto marketing will come into effect on October 8th. Overseas companies selling products to UK customers must also comply with these regulations, otherwise they will face criminal charges, with a maximum sentence of 2 years imprisonment, unlimited fines, or both. Companies seeking registration with the FCA must undergo a strict application process, pay registration fees, and wait for up to three months.