FCA Warns UK Citizens to Avoid Solana-Based Memecoin: Risks and Concerns
The UK Financial Conduct Authority stated that "Retardio" is not approved to offer financial services in the country.
Fhumulani Lukoto holds a Bachelors Degree in Journalism enabling her to become the writer she is today. Her passion for cryptocurrency and bitcoin started in 2021 when she began producing content in the space. A naturally inquisitive person, she dove head first into all things crypto to gain the huge wealth of knowledge she has today. Based out of Gauteng, South Africa, Fhumulani is a core member of the content team at Coin Insider.
The UK Financial Conduct Authority stated that "Retardio" is not approved to offer financial services in the country.
El Salvador has authorised Bitget to provide BTC services and is seeking further approval to expand support to additional cryptocurrencies.
The UK's central bank asks local firms to disclose their crypto plans to assess stability and guide future policy.
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