🚨 Crypto platform Nexo is making plans to stop offering some of its products to UK customers in response to new rules in the UK. Starting October 8, Nexo Exchange and Nexo Card will phase out cashback and referral programs for transactions. 🇬🇧
Nexo is taking these measures to comply with the UK Financial Conduct Authority's (FCA) incoming promotional rules for crypto. FCA rules will also come into force on October 8, but companies can apply for a three-month extension.
📢 How do you think these new regulations will affect the crypto industry? We are waiting your comments! 👇
Nexo is taking these measures to comply with the UK Financial Conduct Authority's (FCA) incoming promotional rules for crypto. FCA rules will also come into force on October 8, but companies can apply for a three-month extension.
📢 How do you think these new regulations will affect the crypto industry? We are waiting your comments! 👇