UK clamps down on cryptocurrency sector | The Malaysian Insight

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UK clamps down on cryptocurrency sector

Britain’s financial regulator has tightened rules over the promotion and selling of cryptocurrency as it seeks to protect consumers. – EPA pic, June 8, 2023.

BRITAIN’S financial regulator today tightened rules over the promotion and selling of cryptocurrency as it seeks to protect consumers. The Financial Conduct Authority unveiled a package of measures for the industry, which has long faced criticism over the lack of oversight – and promises of high returns in a volatile marketplace.

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