FCA Reports 221 Violations of New Crypto Marketing Rules

221 Violations of New Crypto Marketing Rules : FCA Reported

The FCA reported that since early October, crypto-promoting firms have violated the country's new crypto marketing rules at least 221 times. These breaches include failing to provide adequate risk warnings and information about the risks involved.

The FCA has issued warnings and restrictions for firms breaking these rules and making claims about the safety and security of cryptocurrencies without highlighting associated risks.