-
BTC 66,035.86 (+6.92%) -
ARS 1,089.90 (+1.81%) -
ETH 3,017.53 (+4.12%) -
PEPE <0.01 (+0.09%) -
SOL 156.44 (+9.01%) -
FLOKI <0.01 (+12.59%) -
WIF 3.04 (+8.04%) -
DOGE 0.16 (+6.68%) -
PEOPLE 0.05 (+44.19%) -
BOME 0.01 (+10.39%) -
NEAR 7.98 (+13.60%) -
XRP 0.52 (+3.05%) -
RNDR 10.75 (+8.04%) -
ENA 0.73 (+5.32%) -
AEVO 0.82 (-19.43%) -
WLD 5.07 (+7.08%) -
RUNE 6.28 (+13.26%) -
BONK <0.01 (+6.18%) -
AVAX 34.48 (+8.39%) -
FTM 0.75 (+15.69%) -
AR 44.67 (+12.20%) -
OP 2.49 (+2.60%) -
ORDI 38.81 (+5.63%) -
SUI 1.00 (+10.70%) -
JTO 4.25 (+12.29%) -
ARKM 2.41 (+7.02%) -
PENDLE 4.45 (+13.39%) -
ICP 12.52 (+5.31%)
Crypto ads face stricter rules including a referral bonus ban by FCA
Published: 2023-06-08
1. Stricter Rules for Crypto Ads by FCA The Financial Conduct Authority (FCA) in the UK has introduced new rules for crypto advertisements. The authority has banned referral bonuses in crypto advertisements to protect investors from being misled. The regulator is also asking crypto firms to provide accurate information in their ads to avoid confusion among investors. These rules are part of FCA's efforts to regulate the cryptocurrency industry in the UK.
2. The Need for Crypto Ad Regulation The move by the FCA is crucial as the exponential growth of cryptocurrencies has led to an increase in scams and fraudulent activities in the industry. The regulator has taken the responsibility of ensuring that investors are protected from misleading information. The referral bonus ban will prevent dishonest crypto firms from luring investors with attractive bonuses,only to scam them later.
3. The Impact on the Crypto Industry The strict regulations for crypto ads can be seen as a positive move for the industry. These rules will create a level playing field where legitimate companies can compete without being drowned out by fraudulent projects. Crypto firms advertising in the UK will have to comply with these regulations,which will increase transparency and reduce the chances of investors being deceived. However,some companies may see this as a hindrance to their marketing strategy,as they will have to make significant changes to comply with the new rules.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
66,035.86 | 2,668,705,876.41 |
| 2 | ARS |
1,089.90 | 1,993,291,031.60 |
| 3 | ETH |
3,017.53 | 947,248,403.26 |
| 4 | PEPE |
<0.01 | 793,954,162.43 |
| 5 | SOL |
156.44 | 680,516,684.38 |
| 6 | FLOKI |
<0.01 | 293,692,351.91 |
| 7 | WIF |
3.04 | 285,867,604.64 |
| 8 | DOGE |
0.16 | 267,829,816.24 |
| 9 | PEOPLE |
0.05 | 183,155,839.77 |
| 10 | BOME |
0.01 | 176,254,812.66 |
| 11 | NEAR |
7.98 | 173,861,246.55 |
| 12 | XRP |
0.52 | 163,772,915.08 |
| 13 | RNDR |
10.75 | 163,135,616.51 |
| 14 | ENA |
0.73 | 143,971,701.78 |
| 15 | AEVO |
0.82 | 135,846,517.31 |
| 16 | WLD |
5.07 | 135,287,806.86 |
| 17 | RUNE |
6.28 | 132,685,404.74 |
| 18 | BONK |
<0.01 | 92,525,415.82 |
| 19 | AVAX |
34.48 | 71,361,193.04 |
| 20 | FTM |
0.75 | 66,505,723.07 |
| 21 | AR |
44.67 | 64,861,069.69 |
| 22 | OP |
2.49 | 58,448,868.51 |
| 23 | ORDI |
38.81 | 57,901,477.45 |
| 24 | SUI |
1.00 | 52,517,425.92 |
| 25 | JTO |
4.25 | 46,654,839.49 |
| 26 | ARKM |
2.41 | 45,134,163.48 |
| 27 | PENDLE |
4.45 | 41,950,800.85 |
| 28 | ICP |
12.52 | 41,936,286.62 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | PEOPLE |
0.05 | +44.19 |
| 2 |  AXL |
1.07 | +18.46 |
| 3 |  IMX |
2.40 | +17.67 |
| 4 |  SEI |
0.53 | +16.15 |
| 5 | FTM |
0.75 | +15.69 |
| 6 |  TAO |
396.50 | +15.60 |
| 7 |  GMX |
31.70 | +15.27 |
| 8 | NEAR |
7.98 | +13.60 |
| 9 | PENDLE |
4.45 | +13.39 |
| 10 | RUNE |
6.28 | +13.26 |
| 11 |  BEAMX |
0.02 | +13.20 |
| 12 |  STX |
2.18 | +12.92 |
| 13 |  JOE |
0.47 | +12.89 |
| 14 | FLOKI |
<0.01 | +12.59 |
| 15 |  SUSHI |
1.13 | +12.45 |
| 16 | JTO |
4.25 | +12.29 |
| 17 |  YGG |
0.82 | +12.27 |
| 18 | AR |
44.67 | +12.20 |
| 19 |  NMR |
27.51 | +12.19 |
| 20 |  CHR |
0.32 | +12.12 |
| 21 |  TFUEL |
0.10 | +11.89 |
| 22 |  RLC |
3.29 | +11.56 |
| 23 |  PYTH |
0.45 | +11.38 |
| 24 |  BICO |
0.46 | +11.33 |
| 25 |  FIS |
0.49 | +11.30 |
| 26 |  DOCK |
0.03 | +11.28 |
| 27 |  RSR |
<0.01 | +11.23 |
| 28 |  JASMY |
0.02 | +10.84 |
| 29 | SUI |
1.00 | +10.70 |
| 30 |  BAKE |
0.29 | +10.58 |
Bitcoin's Greed and Fear Index.
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | FOMC Member Bowman Speaks | Wednesday | 15-05-2024 | 20:20 |
| 2 | TIC Long-Term Purchases | Wednesday | 15-05-2024 | 21:00 |
| 3 | Unemployment Claims | Thursday | 16-05-2024 | 13:30 |
| 4 | Building Permits | Thursday | 16-05-2024 | 13:30 |
| 5 | Philly Fed Manufacturing Index | Thursday | 16-05-2024 | 13:30 |
| 6 | Housing Starts | Thursday | 16-05-2024 | 13:30 |
| 7 | Import Prices m/m | Thursday | 16-05-2024 | 13:30 |
| 8 | Industrial Production m/m | Thursday | 16-05-2024 | 14:15 |
| 9 | Capacity Utilization Rate | Thursday | 16-05-2024 | 14:15 |
| 10 | FOMC Member Barr Speaks | Thursday | 16-05-2024 | 15:00 |
| 11 | Mortgage Delinquencies | Thursday | 16-05-2024 | 15:10 |
| 12 | Natural Gas Storage | Thursday | 16-05-2024 | 15:30 |
| 13 | FOMC Member Mester Speaks | Thursday | 16-05-2024 | 17:00 |
| 14 | FOMC Member Bostic Speaks | Thursday | 16-05-2024 | 20:50 |
| 15 | CB Leading Index m/m | Friday | 17-05-2024 | 15:00 |
| 16 | FOMC Member Waller Speaks | Friday | 17-05-2024 | 15:15 |
| 17 | FOMC Member Daly Speaks | Friday | 17-05-2024 | 17:15 |
| 18 | FOMC Member Kugler Speaks | Saturday | 18-05-2024 | 22:45 |
