UK FCA

Justin Sun’s HTX Reports $98 Million Profit In Q3 Following Layoffs
Crypto

Justin Sun’s HTX Reports $98 Million Profit In Q3 Following Layoffs

Crypto exchange HTX (formerly Huobi Global), owned by Chinese blockchain personality Justin Sun, has posted a profit of $98 million in Q3 of this year. As per a thread posted on social media platform X (formerly Twitter), Sun claimed HTX and related companies generated a total of $202 million in revenues during the quarter. However, […]

Oct. 27, 2023
UK FCA Grants Crypto Firms Ad Rule Extension: Report
Crypto

UK FCA Grants Crypto Firms Ad Rule Extension: Report

The United Kingdom Financial Conduct Authority (FCA) has extended the deadline for crypto firms to implement the strict marketing rules designed to protect consumers. Furthermore, An official release states that the core rules will take effect on October 8, 2023. Starting January 8, 2024, they can introduce measures requiring advanced technical development, such as implementing […]

Sep. 11, 2023