Monday, December 11, 2023

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



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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