UK FCA’s Planned Crypto Incentives Ban Could Force Firms Out of Country, Lobbyists Say

“Crypto stays high-risk and the brand new guidelines are aligned with the prevailing guidelines for selling different high-risk investments. We’ve carried out intensive shopper analysis, habits testing and thought of responses to each our dialogue and session paper on the matter,” an FCA spokesperson stated in an e mail to CoinDesk. “These guidelines are designed to be proportionate, evidence-based and strike the fitting steadiness between defending individuals and enabling sustainable innovation within the sector.”