Complaints against crypto asset providers can now be probed by Ombud

Complaints against crypto asset providers can now be probed by Ombud

Complaints against crypto asset providers can now be investigated by the office of the Financial Advisory and Intermediary Services (FAIS) ombud, adding to oversight of the digital asset class. The decision, announced by the office of the FAIS ombud on Tuesday morning, follows last year’s declaration by the Financial Sector Conduct Authority (FSCA) that crypto assets are a financial product under the FAIS Act. Click here to read more

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