According to TechFlow, the UK Financial Conduct Authority stated in a document that the UK intends to ban the public sale of cryptocurrencies.

The UK’s promotion rules prevent unregistered cryptocurrency firms from reaching UK customers, and there are plans to introduce laws to ban public sales of cryptocurrencies.

Only crypto asset trading platforms and offers that meet the exemption conditions may be exempt from this restriction. The document seeks industry opinions on market access, disclosure and market abuse systems.