Government set to tighten rules on 'misleading' cryptoasset promotions

Six month transition

James Baxter-Derrington
clock • 1 min read

The UK Government has laid out plans to address “misleading” cryptoasset promotions, bringing the regulation on advertising the products in line with other financial advertising.

Following a consultation, the government plans announced today (18 January) set out a six month transition timeline, which would end with the promotion of "qualifying cryptoassets" being subject to FCA rules in line with the standards applied to other financial promotions, including stocks, shares and insurance products. It stated this would "balance the desire to encourage innovation with the need to ensure that cryptoasset advertisements are fair, clear, and not misleading". The consultation was launched in response to research that suggested while 2.3 million people in the UK are t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Failed financial advice firms tracker

Failed financial advice firms tracker

Firms that the FSCS has confirmed as failed since the start of 2023

Professional Adviser
clock 03 September 2025 • 1 min read
Targeted support regime welcome but rules need 'adjustments'

Targeted support regime welcome but rules need 'adjustments'

Advisers, providers and trade bodies call for clarity as consultation closes

Sahar Nazir
clock 29 August 2025 • 4 min read
SMCR reform needs efficiency without sacrificing accountability

SMCR reform needs efficiency without sacrificing accountability

'If we lose sight of the SMCR's fundamental purpose we risk undoing years of progress'

Shaun Hurst
clock 28 August 2025 • 4 min read