The UK Financial Conduct Authority said “Retardio” is not authorized to provide financial services in the country.
The United Kingdom’s Financial Conduct Authority (FCA) issued a warning about the Solana-based “Retardio” project, citing concerns over unauthorized financial promotions and activities targeting UK consumers.
On Dec. 16, the FCA posted a warning against the Retardio project, saying that the token may be providing or promoting financial services without the regulator’s permission.
The watchdog reminded consumers to deal only with FCA-approved firms to ensure adequate protection.
