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FCA Warns Premier League Clubs Over Risky Crypto Sponsorships

CS
Cointelegraph Staff
(01:11 PM UTC)
1 min read
EW
Updated byEmily Watson

Update (June 3, 1 pm, UTC): This article has been updated to include a comment from a spokesperson at BingX.

The United Kingdom's financial regulator has warned football clubs, including those in the Premier League, to avoid sponsorship deals with unauthorized financial companies amid concerns that fans are being pushed toward risky crypto and trading platforms with no protections.

In a Wednesday…

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