Stay updated with breaking news from Cryptoasset Taskforce. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
An overview of key issues surrounding digital markets, payment services and funding for fintech businesses operating in United Kingdom, with particular regard to recent developments.
HMRC takes control of crypto assets as fears rise over money laundering
Chancellor of the Exchequer Rishi Sunak has laid out plans for the UK’s Financial Conduct Authority (FCA) to crack down on misleading adverts of cryptocurrency, bringing it in line with other financial promotions. A consultation response, published on Tuesday, sets out the UK government’s plan to bring the promotion of so-called cryptoassets within the scope of financial
The government plans to legislate to address misleading cryptoasset promotions Adverts will be brought into line with other financial advertising
<p><span>Plans to strengthen the rules on cryptoasset advertisements and protect consumers from misleading claims were published by the Government today (18 January).</span></p>