With new marketing regulations set to take effect in the United Kingdom next month, crypto exchange Bybit doesn’t expect to be able to continue operating within the country. The exchange’s CEO, Ben Zhou, claims that any crypto firm within U.K. borders may be held accountable for solicitation simply for using the English language. As reported by The Block, Zhou said regulation is becoming “more strict,” and that the exchange will likely have to “retreat in many countries” – the U.K. being one of them. The law also requires that any promotions for crypto companies be approved, and not inappropriately incentivize people to invest.
Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!
Android: https://links.hashd.co/android
Kommentare