Britain to crack down on “misleading” cryptocurrency adverts

A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken March 15, 2021. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterLONDON, Jan 18 (Reuters) – Britain is to crack down on “misleading” advertisements for crypto assets which could harm consumers, the finance ministry said on Monday.Advertising of cryptocurrencies, such as bitcoin, has surged particularly in London, prompting concerns about its impact.The finance ministry said around 2.3 million people in Britain now own a cryptoasset, but research suggests that understanding of what crypto actually is declining, suggesting that some users may …
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