🚨 Crypto Alert! 🚨

The UK's Financial Conduct Authority (FCA) is in the spotlight as it struggles to clamp down on illegal crypto ads. Despite issuing over 1,700 alerts from Oct 2023-2024, less than 55% of flagged promotions were removed. The FCA can fine or prosecute violators but has yet to do so. Instead, it's targeting "finfluencers" promoting risky schemes, charging nine so far.

With 12% of Brits owning crypto, the FCA plans broader regulations by 2026. What do you think about the FCA's approach? Share your thoughts below! 💬