As part of the fight against fraud and cybercrime in the UK, cold calls used in the sale of financial products, including cryptocurrencies, will be banned. Writes about it Bloomberg.
The annual losses of the state from such illegal practices are estimated at £7 billion (~$8.7 billion). Fraud is the most common crime in the UK, with one in 15 victims.
According to the plan of the Cabinet of Ministers, 400 specialists are expected to be involved, whose tasks will include combating the mass mailing of spam and spoofing.
The UK telecommunications regulator will provide technology that will make it harder for scammers to use “real” phone numbers.
The government intends to pass laws that guarantee the return of stolen funds to victims at the expense of the banks that allowed it.
“We will take on the intruders wherever they hide” Prime Minister Rishi Sunak said in a statement.
Recall that in March, the UK authorities presented a three-year plan to combat economic crimes. It provides for measures to strengthen counteraction to the use of cryptocurrencies for criminal purposes.
Previously, the Financial Conduct Authority and the UK Advertising Standards Authority teamed up to create a single set of rules for influencers promoting digital assets.
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Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
As part of the fight against fraud and cybercrime in the UK, cold calls used in the sale of financial products, including cryptocurrencies, will be banned. Writes about it Bloomberg.
The annual losses of the state from such illegal practices are estimated at £7 billion (~$8.7 billion). Fraud is the most common crime in the UK, with one in 15 victims.
According to the plan of the Cabinet of Ministers, 400 specialists are expected to be involved, whose tasks will include combating the mass mailing of spam and spoofing.
The UK telecommunications regulator will provide technology that will make it harder for scammers to use “real” phone numbers.
The government intends to pass laws that guarantee the return of stolen funds to victims at the expense of the banks that allowed it.
“We will take on the intruders wherever they hide” Prime Minister Rishi Sunak said in a statement.
Recall that in March, the UK authorities presented a three-year plan to combat economic crimes. It provides for measures to strengthen counteraction to the use of cryptocurrencies for criminal purposes.
Previously, the Financial Conduct Authority and the UK Advertising Standards Authority teamed up to create a single set of rules for influencers promoting digital assets.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!