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Get ready for a major upset in the world of crypto advertising 😱

There will no longer be "refer a friend" bonuses or "new user" rewards for investing in crypto in the UK.

The Financial Conduct Authority is cracking down and treating crypto as a HIGH-RISK investment!

Crypto will be classified as "restricted mass market investments," which means all promotions must include "clear risk warnings.'

Most respondents have kicked these rules, the FCA is moving forward anyway!

They're determined to protect investors, even if it means going against popular opinion!

The Financial Conduct Authority has also demanded that Crypto Firms conduct thorough due diligence, ensuring their promotions are fair, clear, and not misleading.

Stability claims for stablecoins better be legit as well!

You must be wondering why the FCA is taking this decision.?

Because Crypto ownership in the UK has DOUBLED in just one year!

The FCA is worried about people making rash decisions without proper knowledge about what they are getting into and later regretting it.

They want users to make an informed choice.

Anyone who breaks these new promotion rules could face up to two years in prison

The FCA means business when it comes to protecting investors.

Starting from the 8th of October, Crypto firms will be able to approve their own advertisements.

Stay informed, stay cautious, and make smart decisions

#BinanceTournament