Financial Conduct Authority takes over regulating the advertising of cryptoassets
Following the introduction of new rules by the Financial Conduct Authority (FCA), the ASA will no longer regulate technical claims in ads for cryptoassets in non-broadcast media. As of 8 October 2023 the FCA is responsible for the regulation of ads for ‘qualifying cryptoassets’ – cryptoassets that are transferable and fungible, including cryptocurrencies and utility…
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