China Tightens Crypto Crackdown With New Rules Targeting Online Financial Marketing

From financefeeds.com

China’s central bank and seven other regulators have finalized new rules governing the online marketing of financial products, tightening control over how such products are promoted across digital platforms. The measures, formally issued as Announcement No. 9 and dated April 21, will take effect on Sept. 30. The framework restricts online financial marketing to licensed financial institutions and authorized third-party platforms. It also prohibits any organization or individual from providing services that facilitate illegal financial activities, extending liability beyond issuers to intermediaries and content ... (full story)