Cryptocurrency Price Check: Regulators in Europe Crack Down

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The Street

By Rob Lenihan Regulators in Britain and Spain are cracking down on crypto-related advertising. Cryptocurrency prices were down Tuesday as Britain said it planned to crack down on misleading advertisements for cryptoassets. The finance ministry said that about 2.3 million people in Britain now own crypto asset, Reuters reported. But the ministry said research suggested that understanding of the sector is declining, which means some users may not fully understand what they are buying. “Cryptoassets can provide exciting new opportunities, offering people new ways to transact and invest — but it…

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