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FCA to get new powers to crack down on misleading crypto advertisements
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finextra.comAround 2.3 million people in the UK are now thought to own a cryptoasset with their popularity rising - but research by the FCA suggests that understanding of what crypto actually is is declining, suggesting that some users may not fully understand what they are buying. Chancellor of the Exchequer, Rishi Sunak says: "Cryptoassets can provide exciting new opportunities, offering people new ways to transact and invest - but it’s important that consumers are not being sold products with misleading claims.
Read more on finextra.comAbout this in other media
NYC mayor Eric Adams says his bitcoin investment is about sending a message that the city is open to new tech, sidestepping concerns about crypto plunge markets.businessinsider.com /2 years ago
Binance’s CEO: ‘Crypto advertising clampdown’ unlikely to affect crypto demand ambcrypto.com /2 years ago
Explained: Why some countries are banning crypto advertisements cnbctv18.com /2 years ago
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