The Italian financial regulator CONSOB, citing the latest warning from the European regulator ESMA, has issued a warning to social media financial influencers (finfluencers): promoting high-risk products like crypto assets, CFDs, and forex within the EU must comply with investment recommendation and advertising regulations. Actions such as providing personalized investment advice without a license or failing to disclose paid promotions may be illegal and could result in hefty fines or even criminal charges. The regulators emphasized that 'promoting financial products is not like selling shoes or watches,' and reminded the public to beware of 'get-rich-quick' promotions and unauthorized partner institutions. (Cointelegraph) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=55006