The risks of token regulation

While platforms’ efforts to crack down on fraudulent advertisements are welcome, a permanent and consistent solution to the problem of online fraud from paid-for advertising requires legislation.

Speculative crypto tokens are not regulated by the FCA and consumers are not covered or protected by the Financial Services Compensation Scheme in the event of losses.

In considering regulating crypto, legislators need to consider 3 issues:

how to make it harder for digital tokens to be used for financial crime

how to support useful innovation

the extent to which consumers should be free to buy unregulated, purely speculative tokens and to take the responsibility for their decisions to do so.


I commended Google’s efforts in compacting unsolicited adverts and also believed other org like Microsoft, Facebook will follow suit soon.