Cryptocurrency

UK restricts memes about crypto, other investments to combat scams


Wenjin Chen | Digitalvision Vectors | Getty Images

Britain’s financial services regulator announced guidelines for financial services companies and social media influencers making memes about cryptocurrencies and other investments in a bid to tackle a rise in scams.

The Financial Conduct Authority said in a statement Tuesday that any marketing for financial products — including those expressed in memes — should be fair, clear, and not misleading.



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