Rishi Sunak believes cryptocurrencies provide new opportunities, but misleading ads can put UK customers at risk.
The chancellor of the Exchequer, Rishi Sunak, believes cryptocurrencies have the capacity to provide exciting new opportunities for residents in the United Kingdom. However, some misleading advertisements might be obstacles.According to Sunak, cryptocurrencies offer people new ways to transact and profit through investments in the relatively new asset class.that the UK government is willing to support the growth of such assets within its jurisdiction.
Once the law is amended, ads relating to digital assets will have similar standards to other financial instruments such as stocks and shares, the coverage added.
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