Government Cracks Down on Cryptocurrency Advertisers, Disclaimers Must From April 1
Government cracks down on cryptocurrency advertisers, with a disclaimer must for promoting the "highly risky" cryptocurrencies from April 1.
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Government cracks down on cryptocurrency advertisers, with a disclaimer must for promoting the "highly risky" cryptocurrencies from April 1.
All advertisements for virtual digital assets must say that crypto products and non-fungible tokens are unregulated and highly risky; they must also make it clear that ‘there may be no regulatory recourse for any loss from such transactions’
The Financial Conduct Authority (FCA) of the UK has invited public feedbacks on its proposals to strengthen risk warnings and ban inducements to invest in high-risk investment avenues, including the crypto sector. The financial whistle-blower plans to release its first draft of rules in the summer of this year.
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