According to Reuters, the UK Financial Conduct Authority (FCA) has warned football clubs, including Premier League teams, that signing sponsorship deals with unauthorized crypto companies and trading platforms could lead to legal liabilities, money laundering risks, and reputational damage. The FCA stated that some unauthorized companies might use high-profile football sponsorships to promote products to fans, violating UK financial promotion regulations. The FCA has sent letters to the relevant clubs, urging them to strengthen their due diligence on partners. https://(wublock123.com)/news/uk-fca-warns-football-clubs-on-unauthorized-crypto-platforms-aml-risk-62126