Bitcoin

The U.K. Treasury is looking into the effects of stopping cold calls about money matters. They’ve put out a paper to learn how this would affect regular people and businesses.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/d0745f905fc94904bd352f43aa4cb0b0.gif" />Ad. Participate in Trigoz Airdrop &amp; Get $50 worth of OZ Tokens Free <a href="https://t.me/trigOz_Airdrop_Bot" rel="noopener noreferrer nofollow">Join Now</a>The U.K. wants to stop cold calls about finances, so the Treasury is asking for feedback. They want to understand how this would impact businesses and the costs of making and <a href="https://cryptosheadlines.com/global-money-laundering-watchdog-qatars-crypto-ban-enforcement-found-lacking/" rel="noopener noreferrer nofollow">enforcing the ban</a>.Back on May 3, the U.K. government <a href="https://cryptosheadlines.com/altcoin-soars-as-openai-ceo-makes-big-announcement/" rel="noopener noreferrer nofollow">announced a big</a> plan to fight fraud. They’re adding 400 new jobs to change how they do policing based on intelligence.Andrew Griffith, who works for the Treasury, said they won’t allow this kind of behavior. He was <a href="https://cryptosheadlines.com/g-7-finance-ministers-talk-crypto-rules-before-japan-summit/" rel="noopener noreferrer nofollow">talking</a> about the rise in cold calls that try to sell financial services and products. These calls often target people who are in a tough spot.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/1f7305be672c48fbbd608cfbc228fb70.png" />The Treasury’s case study on crypto cold call scam. Source: gov.ukThe Treasury talked about times when cold calls led to people losing money. One case was about cryptocurrencies, as you can see above. Even though the U.K. government made <a href="https://cryptosheadlines.com/sec-called-bully-by-ripple-ceo-after-partial-win-in-xrp-ruling/" rel="noopener noreferrer nofollow">rules to stop cold calling</a>, scammers usually find ways around these rules. <a href="https://cryptosheadlines.com/uk-contemplates-complete-ban-on-crypto-investment-cold-calls/" rel="noopener noreferrer nofollow">Read More...</a>

UK Contemplates Complete Ban on Crypto Investment Cold Calls

CryptosHeadlines.com

Other articles published on Aug 24, 2023

Why Crypto Market is Up Today? Bitcoin and Altcoin Analysis

1inch DEX aggregator deploys on Ethereum’s layer-2, Base

Here Are Four Crypto Assets That Whales Are Actively Buying Right Now

Bankrupt FTX Crypto Exchange Partners with Galaxy to Manage Holdings

Cloud Security Alliance Survey Finds Complexity of Multi-Cloud Environments Driving Use of Cloud ...

Binance Partners with New Taipei Prosecutors to Bolster Global Fight Against Virtual Asset Crimes

Join our free newsletter for daily crypto updates!