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Government imposes further restrictions on crypto promotions

Ethan Almond, 29/03/2023

The UK government has published new draft legislation regarding the promotion of cryptoassets.

The Financial Services and Markets Act 2000 (Financial Promotion) (Amendment) Order 2023 draft legislation brings certain cryptoassets into the scope of financial promotion regulations.

The legislation introduces new exemptions for cryptoasset exchange providers and custodian wallet providers included on the Financial Conduct Authority's (FCA's) register for the purpose...


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