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UK Regulator Warns Soccer Clubs Over Unauthorized Crypto Sponsorship Deals

DE
Decrypt Editorial
(11:11 AM UTC)
1 min read
DK
Verified byDavid Kim

In brief

  • The Financial Conduct Authority has sent letters to Premier League clubs warning about sponsorships with unauthorized crypto and trading platforms.
  • These firms may be breaching UK financial services laws by operating without proper authorization, the FCA said.
  • The UK Sports Minister backed the regulator’s action, saying fans deserve "responsible, accountable and safe" partner companies.

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