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Thursday, August 8, 2024
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    HomeFinanceCrypto memes will be thought of monetary shares, UK watchdog says

    Crypto memes will be thought of monetary shares, UK watchdog says

    Cryptocurrency corporations and influencers could have to begin taking duty for spreading crypto memes with a view to adjust to UK promoting legal guidelines, in response to new proposed tips from the nation’s monetary regulator.

    July 17 Monetary Conduct Authority (FCA) launched provides tips for social media monetary promoting for promoting memes and monetary influencers – “finfluencers”.

    An instance of a cryptocurrency funding meme that the FCA considers monetary promoting. Supply: FCA

    Finfluencers within the crosshairs

    Proceed studying Coin Telegraph.

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