UK to Tighten Crypto Ad Regulations to Improve Consumer Protection

Judiciary Advisor Calls for English Law to Keep Pace With Crypto: Report

The U.K. government said it plans to strengthen the rules governing crypto asset ads to bring them in line with other financial assets.

  • The rules will increase consumer protection at the same time as they encourage innovation, the Treasury said in a statement Tuesday.
  • The Treasury published a consultation response, saying that proposed legislation will also provide the UK financial watchdog, the Financial Conduct Authority (FCA) with the power to regulate the crypto market more effectively.

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