LONDON (Reuters) - Britain's Financial Conduct Authority (FCA) called on Monday for powers to govern the online promotion of cryptoassets to combat a flood of "problematic content" which it said has no value.
With some cryptoassets using social media influencers and other celebrities to promote so-called tokens, Britain's finance ministry has already consulted on the need to regulate them.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!