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UK Crypto Investors Should Limit Holdings, Financial Regulator Says

The crypto crash only hardened the Financial Conduct Authority’s determination to impose restrictions such as banning refer-a-friend bonuses.

Updated May 11, 2023, 3:43 p.m. Published Aug 1, 2022, 10:36 a.m.
The U.K. Treasury, which needs to propose laws that would extend financial marketing restrictions to crypto. (Jack Taylor/Getty Images)
The U.K. Treasury, which needs to propose laws that would extend financial marketing restrictions to crypto. (Jack Taylor/Getty Images)