Posted 12/14/2023, 9:22:30 AM
FCA Posts Pixelated ‘Wild West’ Cartoon to Visualize Crypto Marketing Rules for UK Investors
- UK's financial regulator, the FCA, published a pixelated cartoon set in the Wild West to educate investors on crypto marketing rules
- Cartoon shows cowboy investor encountering a golden coin falling into a well, representing crypto
- When warnings about non-compliant crypto companies are voiced, a wanted poster appears with a snake villain wearing a hat
- FCA published the 1-minute animation with no explanation on its website to bring marketing rules to life
- Despite FCA's warnings and extended deadlines, some crypto companies like Marinade Finance still plan to leave the UK due to stringent new rules