The UK announced that the sale of cryptocurrencies is prohibited, stating that cryptocurrencies pose a risk to consumers and have the potential to harm.
The UK Financial Conduct Authority (FCA) has found that cryptocurrencies are deemed “inappropriate” for retail consumers for a number of reasons, and crypto money sales of units to retail users officially has been banned announced.
FCA Interim Strategy and Competition General Manager Sheldon Mills, high price fluctuations damage to cryptocurrency trading for retail consumers risk While expressing that he created “We have evidence that this is happening significantly” He spoke in the form.
January 6, 2021 The ban, which will take effect formally as of, will cover all companies operating in the UK. Sheldon Mills, “This ban is intended for retail consumers in these products. potential harm it reflects how seriously we take it. Consumer protection is the first thing we think about. “ stated that the ban will be put into effect for consumers.
According to the statements of the UK Financial Conduct Authority, the cryptocurrency ban is 53 million pounds (535 million 587 thousand 478 TL) will save you money. It is currently unknown how the company and consumers who use cryptocurrency will react to the ban.
Source :
https://t24.com.tr/haber/birlesik-krallik-kripto-paralari-yasakladi,907741
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