• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Join Lightchain AI
No Result
View All Result
👆 BUY LIGHTCHAIN HERE 👆
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: First In The Nation: New Hampshire Establishes Strategic Bitcoin Reserve
👆 BUY LIGHTCHAIN HERE 👆
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: First In The Nation: New Hampshire Establishes Strategic Bitcoin Reserve
Crypto Investment

Britain To Ban Crypto Investment Marketing

Kashif (Dany) Saleem
by Kashif (Dany) Saleem
3 years ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Britain is cracking down on crypto advertisements. The Financial Conduct Authority (FCA) said they would be limiting marketing for high-risk crypto investments. The move came after a boom in crypto advertisement and endorsement from celebrities. It’s to protect investors not aware of the high risks involved with these investments.

FCA is tightening up on financial advertisements to ensure that consumers are protected. The changes will introduce Britain’s consumer body “to strengthen risk warnings and ban investment incentives such as bonuses for a new joiner.”

Experts believe these advertisements can confuse people into thinking they’re safe when they could just end up losing their money if something goes wrong with investing skills.

Bitcoin Price

BTC continues downtrend | Source: BTCUSD on TradingView.com

In light of recent events like the coronavirus pandemic in 2020 and cyber attacks on financial institutions, many countries have regulated consumer investments. For example, England rejected Five out of ten investment firms’ applications alone.

The FCA issued a warning about high-risk investments. They are concerned that many people are accessing these without understanding the risks involved. The action could lead them into debt or financial ruin if something goes wrong.

Celebrities Invovlement

The FCA warns of the risks associated with digital currencies, as interest in this new financial innovation has grown dramatically. Many celebrities started promoting crypto companies online without caring for their safety or others.  Some even got into trouble due to what they said on social media.

Kim Kardashian and Floyd Mayweather Jr., two of America’s most famous people, are currently facing a lawsuit in the US for improperly promoting a cryptocurrency token.

The Spanish market regulator scolded Iniesta, a soccer star, for promoting Binance on his social media accounts. He has since shut down all crypto-related material and moved to regulate advertising.

Matt Damon has been one of the most prominent figures spreading awareness about emerging tech and its benefits. He recently appeared on TV to promote Crypto.com, a digital asset platform that helps users secure their cryptocurrency investments.

Crypto Investment Ads New Guideline

London has seen a boom in crypto trading, with many ads plastered over the U.K.’s capital city. However, the Advertising Standards Authority has fiercely criticized that.

As a result, the Advertising Standards Authority forbade seven ads in December. Instead, the ads displayed cryptocurrency comparisons to boost trading. They hope this will create new guidelines on advertising with cryptocurrencies.

The Financial Conduct Authority announced that they are ready to make several changes in response to consumer concerns. The concerns are the ease and speed with which people can invest money.

In line with its published Consumer Investment Strategy last year, FCA says these adjustments will protect consumers from taking advantage of when looking for high-risk investments without adequate information or protection against potential losses.

The UK’s finance ministry has announced that they plan on bringing promotions of cryptoassets under their remit for the first time, following consultation with public input.

The UK authority plans to categorize some cryptoassets as “restricted mass-market investments.” As a result, only consumers will be able to afford them if they fall into high net worth or sophisticated investors.

The Financial Conduct Authority has said that companies issuing crypto promotions must follow transparent and fair rules. The FCA requires firms to be upfront with their customers, not misleading them in any way possible about the benefits they offer. 

The FCA has announced that they plan on setting out final rules this summer. The new policy is part of an effort by UK authorities to buttress protections offered on consumers, including proposed duties from firms themselves.

                     Featured image from Pixabay, chart from TradingView.com

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Kashif (Dany) Saleem

Kashif (Dany) Saleem

Follow

Veteran crypto and finance writer & editor.

Full Profile

Related Posts

crypto

Crypto Gets An Upgrade? Japan To Label It As A Financial Product

1 month ago
Top 5 Crypto Presales to Keep an Eye on in January 2025

Top 5 Crypto Presales to Keep an Eye on in January 2025

4 months ago
this-new-cryptocurrency-set-to-13x

This New Cryptocurrency Set to 13x According to Analysts

4 months ago
6 Meme Coins Making Waves This Week

6 Meme Coins Making Waves This Week

4 months ago
Musk Makes Memes Great Again – As PEPE Surges, WEPE to Follow?

Musk Makes Memes Great Again – As PEPE Surges, WEPE to Follow?

4 months ago
STARS Token Surges 22% With Pending CEX Listings

Meme Coin Price Surge Predicted for Crypto All-Stars Following CEX Listing News, $STARS Token Climbs 22%

4 months ago
Please login to join discussion

Premium Sponsors

Top Brands

mBit
mBit
BNBInfinity
BNBInfinity

Press Releases

  • How to Make $91.3K per Day Fast with Bitcoin Fast Start...

    3 hours ago
  • MEXC Lists USD1, Accelerating Global Stablecoin Innovation...

    4 hours ago
  • Why Stablecoin Yields Matter Now More Than Ever

    4 hours ago
  • 2025 The Key to Passive Income from Cryptocurrency for XRP...

    4 hours ago
  • Best Cloud Mining in 2025: BTC/XRP/DOGE Users Earn $9,777...

    4 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Join Lightchain AI

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.