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UK Bans Crypto Airdrops and Free Promotional NFTs

U.K. financial watchdog imposes strict rules on free NFTs and crypto airdrops, banning promotional incentives. Under these rules, cryptocurrencies will be classified as

UK Bans Free Promotional NFTs and Crypto Airdrops

Giving away free NFTs

Stricter advertising rules for cryptocurrencies in UK:

Giving away free NFTs (non-fungible tokens) and cryptocurrencies via airdrops to encourage users to invest in digital assets will no longer be allowed. Matthew Long

FCA Official: Free Promotional NFTs, Cryptocurrency Airdrops Will

Giving away free NFTs

Giving away free NFTs (non-fungible tokens) and cryptocurrencies via airdrops to encourage users to invest in digital assets will no longer be allowed.

Free Promotional NFTs, Crypto Airdrops Would Be Banned Under

Matthew Long, head of payments and digital assets at the U.K. Financial Conduct Authority (FCA), said that free NFTs or cryptocurrencies given away through airdrops to promote

The United Kingdom will no

Giving away free non-fungible tokens (NFT) or cryptocurrencies through airdrops to promote investing in digital assets would be prohibited after the U.K. Financial

The United Kingdom will no longer allow crypto airdrops and free non-fungible tokens (NFTs) to attract potential investors. FCA’s Mathew Long revealed that using

Giving away free non-fungible tokens (NFT) or cryptocurrencies through airdrops to promote investing in digital assets would be prohibited after the U.K. Financial

U.K. financial watchdog to ban promotional incentives