In this episode of the Lawyers on the Block podcast, Roman Kubiak and Kieran Forsyth discuss the new guidelines set out by the Financial Conduct Authority (FCA) for marketing cryptoassets.
The rules commence on the 8th of October 2023, with the FCA declaring that promotional material for crypto investment offerings will need to be ‘clear, fair and not misleading’, and the risks associated with investing must be always made comprehensible.
A failure to comply with these new regulations could result in a criminal offence, including fines and imprisonment.
They also discuss the impact that these new rules will have on consumers, on those promoting the investments and on the victims of stolen assets.
