The Financial Conduct Authority (FCA) of the United Kingdom issued a public warning yesterday (27) regarding “finfluencers” in the crypto industry, emphasizing the need for caution in using language when publishing content related to financial products and investment advice without authorization. The FCA specifically mentioned platforms such as Telegram and Reddit, which can easily contribute to the widespread dissemination of meme-based information.
"Targeting Crypto Influencers! UK Regulatory Authority FCA Issues Second Warning on Illegal Memes: Potential 2-Year Prison Sentence"