Britain to crack down on ‘misleading’ cryptocurrency adverts By Reuters

LONDON -Britain is to crack down on “Misleading” advertisements for cryptoassets, which often target retail consumers with poor knowledge of the risks, the finance ministry said on Monday.

The finance ministry said that about 2.3 million people in Britain now own a crypto asset, but research suggests that understanding of the sector is declining, suggesting that some users may not fully understand what they are buying, the ministry said.