💼🇬🇧 FCA regulations place restrictions on PayPal UK, preventing the attraction of new users without separate FCA approval, limiting token purchases by existing users, and prohibiting token retention while permitting sales. Service expansion and processes for exchanging cryptocurrency and fiat currency are also constrained. The FCA discourages P2P transactions, ICO participation, staking services, and DeFi involvement. PayPal suspended crypto purchase services in the UK in August due to new FCA regulations. #BitcoinWorld #CryptoRegulations 🚫💳📄