FCA Issues Second Warning on Memes Promotion: Illegal Activities May Lead to 2-Year Imprisonment
The Financial Conduct Authority (FCA) of the United Kingdom issued a public warning yesterday (27) regarding “financial influencers” in the cryptocurrency industry, emphasizing the importance of using appropriate language when publishing content related to financial products and investment advice without authorization. Specifically, platforms such as Telegram and Reddit were mentioned, as they can easily lead to the widespread dissemination of meme information.
