The FCA has issued a warning about a crypto project based on Solana that also has its own memecoin.
The warning from the British financial authority expresses concerns regarding unauthorized promotions and financial activities aimed at UK consumers.
The warning from FCA towards the memecoin on Solana
The Financial Conduct Authority (FCA) of the United Kingdom of Great Britain is the public regulatory body for the financial markets of the UK. Its objective is to protect consumers, competition, and financial markets, and it does so by regulating financial companies that provide services to consumers and maintaining the integrity of the financial markets in the United Kingdom.
In particular, it focuses specifically on the regulation of the conduct of companies that offer financial services.
It is therefore also the public body that has the power to intervene in the crypto markets in the UK, so the notice it has issued cannot be ignored.
This warning refers to Retardio, de
We współpracy z: https://en.cryptonomist.ch/2024/12/17/fca-a-memecoin-on-solana-is-to-be-avoided/
