The Lords, Parliament's second chamber, agreed to move the amendment forward inbefore it was voted on by the primary chamber, the House of Commons, on Wednesday.
The rule will allow the Financial Conduct Authority to regulate crypto companies under the existing promotions law, and should help safeguard consumers from misleading crypto promotions, the Treasury, the government's finance arm,The amendment should come into effect around four months from now, to allow time for crypto companies to adjust, the
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