๐จUK's FCA is concerned about the poor quality of responses from unregulated overseas crypto firms about the upcoming promotions regime for the sector๐. While firms like ByBit, Luno, and PayPal received approval for halting services to comply, some overseas firms have not engaged to the expected standard๐ค. The FCA is prepared to monitor compliance and issue warnings or takedown requests for non-compliant firms๐ซ. What do you think about the FCA's stance on overseas crypto firms? Share your thoughts below๐!