TechFlow reported that Nick Taylor, Head of Public Policy at cryptocurrency exchange Luno, told CoinDesk in a statement the company plans to block UK customers from investing in crypto. The changes will take effect on October 6, two days before the UK's new crypto promotion rules come into force. Emails sent to Luno customers stated they would no longer be able to buy or trade cryptocurrencies starting October 6.
Taylor added that affected Luno customers can still sell and withdraw funds. "We are taking a phased approach to reintroduce investment opportunities for our customers," he said.
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