Under the new rules, crypto will be classified as “restricted mass market investments,” which will require any advertisements or promotions to contain “clear risk warnings,” and bans incentives to invest such as “refer a friend” or “new joiner bonuses,” the regulator said.
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- Source: https://www.coindesk.com/policy/2023/06/07/uk-fca-proposes-ban-on-crypto-incentives-in-tough-new-marketing-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines