UK FCA Issues Guidelines on Meme Investment Promotions to Curb Scams
According to Foresight News, the UK's Financial Conduct Authority (FCA) has released guidelines for financial firms and social media influencers on meme investment promotions, including emojis and games, aimed at curbing fraudulent activities. The FCA reminds influential individuals that promoting financial products without the approval of FCA-authorized personnel and obtaining proper permissions may constitute a criminal offense.