CNMV attempts to bring order to ‘finfluencer’ jungle
The Spanish National Securities Market Commission (CNMV) has reminded financial influencers (‘finfluencers’) that they must be “prudent” when discussing crypto-assets on social media. “You must not use social media to spread false or misleading information about cryptocurrencies. You could be subject to a disciplinary proceeding for market abuse,” notes the newly published guide—‘Finfluencers: How to Act Responsibly’—which aims to help individuals who discuss investment and financial markets understand the implications…
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