Google releases new regulations for encrypted ads, requiring UK advertisers to be FCA registered starting in 2025

2024-12-21 10:08:35

Collection

ChainCatcher message, Google announced on December 20 that it will implement new cryptocurrency advertising regulations starting January 15, 2025, as part of its financial products policy update. Advertisers for cryptocurrency exchanges and wallet services targeting the UK market must obtain registration certification from the Financial Conduct Authority (FCA) and be certified by Google before they can run ads.

The new regulations clearly differentiate the advertising requirements for software and hardware wallets. Specifically, hardware wallet ads are limited to providing private key storage functions for assets such as cryptocurrencies and NFTs, and must not include trading services. Google stated that it will issue a warning at least 7 days in advance before suspending accounts to ensure compliance from advertisers.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.