Government set to tighten rules on 'misleading' cryptoasset promotions

Six month transition

James Baxter-Derrington
clock • 1 min read
These changes will be brought via secondary legislation to amend the Financial Promotion Order, which sets out the investments and activities that are subject to the regime.
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These changes will be brought via secondary legislation to amend the Financial Promotion Order, which sets out the investments and activities that are subject to the regime.

The UK Government has laid out plans to address “misleading” cryptoasset promotions, bringing the regulation on advertising the products in line with other financial advertising.

Following a consultation, the government plans announced today (18 January) set out a six month transition timeline, which would end with the promotion of "qualifying cryptoassets" being subject to FCA...

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