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New ad rules for the crypto sector were proposed last year. The Treasury last week said that crypto companies registered for money laundering purposes, and not just fully authorized traditional financial firms, will be allowed to approve…

Under the industry’s self-regulation code, advertisements must clearly warn users of investment risk and social media influencers shouldn’t offer trading advice.

“What is illegal offline, should also be seen and dealt with as illegal online,” Margrethe Vestager, the EU commissioner responsible for digital issues, said in a video statement after the deal was finalized. “Democracy is back, helping us…