Regulatory Restrictions Implemented on Rebuildingsociety.com Ltd and What it Means for Consumers

Regulatory Restrictions Implemented on Rebuildingsociety.com Ltd and What it Means for Consumers

The FCA imposed restrictions on rebuildingsociety.com Ltd, preventing it from approving cryptoasset financial promotions. This restriction is in place to ensure consumer protection and is meant to prevent unregistered cryptoasset firms from communicating promotions to UK consumers. Consumers who already have investments with an unregistered cryptoasset firm whose promotions were previously approved by rebuildingsociety.com Ltd are still entitled to communications regarding their existing assets, but will not be allowed to receive any new promotions from the unregistered firms.