PIMFA warns of ‘halo effect’ from FCA marketing rules for crypto-assets

PIMFA has raised concerns about the Financial Conduct Authority’s  proposals regarding the marketing of crypto-assets, specifically their classification as Restricted Mass Marketed Investments. David Ostojitsch, Director of Government Relations and Policy at PIMFA, commented: “While it is right that the Financial Conduct Authority (FCA) has sought to provide clarity around…