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UK regulators continue crypto ads crackdown: ‘This is a red alert priority’
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More than 50 firms promoting cryptocurrencies have been hit with an enforcement notice by UK regulators in a “red alert” warning not to dupe consumers with false marketing.
With just months to go until tough new measures are likely to come into force, where rulebreakers could be prosecuted, fined, or even shut down, the The Advertising Standards Authority told the businesses to review their advertisements' compliance as it prepares a crackdown on “misleading and irresponsible crypto ads”.
The...
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