Article 6C3RN Crypto ads will need to carry risk warnings under new UK rules

Crypto ads will need to carry risk warnings under new UK rules

by
Dan Milmo Global technology editor
from on (#6C3RN)

From October, firms will also have to offer new buyers a cooling off' period before they invest

Crypto firms must warn customers they should not expect protection if their investment goes wrong and introduce a cooling off" period for first-time investors, under new rules imposed by the UK financial watchdog.

The Financial Conduct Authority said that from 8 October firms promoting crypto products or services would need to carry a clear risk warning in their adverts.

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