The Financial Conduct Authority's (FCA) new advertising rules will require those marketing cryptoassets to introduce a cooling-off period for first time investors.
The FCA has also banned ‘refer a friend’ bonuses as a part of aims to ensure crypto investors understand the risk.
The new rules, effective from 8 October 2023, mean crypto firms must ensure individuals have the “appropriate knowledge and experience” to invest in crypto.
Those promo...
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