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By Beverly Chandler | 01/06/2022
John Wilson, Managing Director UK and Ireland at Avaloq, has commented on the need for a regulatory regime that enables digital asset innovation, in the context of the FCA’s consultation on strengthening financial promotion rules for cryptoassets.
Data from Boring Money reveals radical changes in the UK retail investor population over the last year. As many as 12 per cent of adults aged under 45 now report owning some crypto assets, double the same figure a year ago.
Plans to strengthen the rules on cryptoasset advertisements and protect consumers from misleading claims have been published by the UK government.