UK treasury eyes cold calling ban impacting crypto industry

U.K. regulators want to ban cold calls for consumer financial services, and the crypto sector will likely be one of the affected industries. This is part of the U.K. Treasury Fraud Strategy introduced in May to curb fraudulent activities in the country.

In a recent consultation paper published by His Majesty’s Treasury, the government has invited public input regarding the potential impacts of a complete ban on businesses. Stakeholders are encouraged to provide their perspectives and supporting evidence on this matter.