Posted 11/4/2023, 6:45:34 PM
UK Regulator Issues New Guidelines for Crypto Marketing to Protect Consumers
- UK's Financial Conduct Authority releases new guidelines for crypto firms on marketing digital assets.
- Rules require firms to provide full disclosures on risks when promoting crypto to UK consumers.
- Goal is to reduce consumer harm and support long-term economic growth.
- Firms must ensure promotions are fair, clear, and not misleading.
- FCA engaged with industry and designed guidance to help crypto firms comply.