UK Regulator Cracks Down on Meme Coins and Crypto Influencers

The UK's financial watchdog has warned financial influencers against sharing misleading advice online, especially regarding meme coins and other crypto projects. The Financial Conduct Authority (FCA) emphasizes that all advice should be clear and honest, or influencers could face jail, big fines, or both. They also reminded that influencers must reveal any personal gains from the assets they promote.