FCA's 'Consumer Protection' Regulations Make Centralized Exchanges Unusable for Retail Bitcoin Investors

The new FCA rules for promoting bitcoin and crypto assets, categorizing them as 'restricted mass market investments,' came into effect on October 8, 2023. These regulations include a 24-hour cooling-off period for first-time buyers, client appropriateness testing, and categorization requirements.

https://www.nobsbitcoin.com/fcas-consumer-protection-regulations-make-uk-centralized-exchanges-unusable-for-retail-investors/ 

 Banana republic 🍌 

 The state helping participants switch to p2p is a good thing IMO