Monday, December 11, 2023

Free Promotional NFTs, Crypto Airdrops Would Be Banned Beneath New UK Guidelines, FCA’s Matthew Lengthy Says

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The U.Ok.’s strict crypto monetary promotions guidelines will come into impact on Oct. 8, based on a report the FCA revealed on Thursday. Beneath these guidelines, crypto will likely be categorized as a “restricted mass market funding,” and would require adverts on crypto to have clear danger warnings. What’s extra, incentives for most people to put money into cryptocurrencies will likely be banned.



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