The UK is planning to ban cryptocurrency public offerings! 🚫💰 According to the FCA’s report on the new crypto regime, only certain exceptions and crypto asset trading platforms will be exempt from the ban.
- The new regulations will prevent unregistered crypto firms from reaching customers in the UK.
- The FCA is seeking feedback from the industry on the new regime, which will come into force in 2026.
- The aim is to empower consumers to make informed decisions and reduce fraud.
How do you think these regulations will affect the crypto world? Let’s meet in the comments! 💬