{"id":78250,"date":"2023-05-03T18:16:49","date_gmt":"2023-05-03T15:16:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=78250"},"modified":"2025-09-11T03:55:55","modified_gmt":"2025-09-11T00:55:55","slug":"britain-to-ban-cold-calls-for-cryptocurrency-advertising","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/britain-to-ban-cold-calls-for-cryptocurrency-advertising\/","title":{"rendered":"Britain to ban cold calls for cryptocurrency advertising"},"content":{"rendered":"

In a bid to combat fraud and cybercrime in the United Kingdom, cold calls used in selling financial products, including cryptocurrencies, will be banned. The report comes from Bloomberg<\/a>.<\/p>\n

Annual losses to the state from such illicit practices are estimated at \u00a37 billion (~$8.7 billion). Fraud is the most common crime in the United Kingdom, with one in 15 people affected.<\/p>\n

Under the plan from the Cabinet Office, 400 specialists are expected to be recruited, tasked with combating mass spamming and spoofing<\/a>.<\/p>\n

The United Kingdom’s telecom regulator will provide technology that makes it harder for criminals to use ‘real’ phone numbers.<\/p>\n

The government intends to enact laws that guarantee victims’ recovery of stolen funds from banks that allowed the theft.<\/p>\n

\n

\u201cWe will take on the criminals wherever they hide,\u201d<\/em> said in a statement by the country\u2019s prime minister, Rishi Sunak.<\/p>\n<\/blockquote>\n

Earlier in March, British authorities unveiled<\/a> a three-year Economic Crime Plan. It provides for measures to strengthen countermeasures against the use of cryptocurrencies for criminal purposes.<\/p>\n

Earlier the Financial Conduct Authority and the Advertising Standards Authority of the United Kingdom joined forces to create a single set of rules for influencers<\/a> promoting digital assets.<\/p>\n","protected":false},"excerpt":{"rendered":"

In the fight against fraud and cybercrime in the United Kingdom, cold calls used in selling financial products, including cryptocurrencies, will be banned.<\/p>\n","protected":false},"author":1,"featured_media":78251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[516,810],"class_list":["post-78250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-advertising","tag-united-kingdom"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=78250"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78250\/revisions"}],"predecessor-version":[{"id":78252,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78250\/revisions\/78252"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/78251"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=78250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=78250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=78250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}