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.
More Stories
52 tiny annoying problems, solved! (Because when you can’t control the big stuff, start small)
Can you solve it? The deductive decade – ten years of Monday puzzles
Australians may soon be able to download iPhone apps from outside Apple App Store under federal proposal