UK FCA to Introduce 'Cooling-Off' Period for First-Time Crypto Purchases
The UK financial regulator, the FCA, has proposed new rules to protect crypto investors, including a 24-hour waiting period for first-time crypto purchases and a ban on 'refer a friend' bonuses. The FCA has asked the industry to provide feedback on its proposed rules, and reiterated that it considers crypto assets "high risk."
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UK FCA to Introduce 'Cooling-Off' Period for First-Time Crypto Purchases
The UK financial regulator, the FCA, has proposed new rules to protect crypto investors, including a 24-hour waiting period for first-time crypto purchases and a ban on 'refer a friend' bonuses. The FCA has asked the industry to provide feedback on its proposed rules, and reiterated that it considers crypto assets "high risk."