On 8 June 2023, the Financial Conduct Authority (“FCA“) published a policy statement on financial promotion rules for crypto assets (PS23/6), which will have an impact on investment firms trading in or active in the crypto markets space. The FCA has recently expressed concern about the increasing number of individuals in the UK that hold crypto assets, who may not fully understand the potential risks e.g., the possibility of losing their investments.
Click on our handy guide below, outlining the key proposals by the FCA which aim to address consumer protection concerns. These proposals aim to ensure consumers receive accurate information about the volatile nature of crypto assets, enabling them to make sound investment choices.
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