UK’s Financial Conduct Authority plans to outlaw crypto-linked derivatives and ETNs (AMBCrypto)

Bitcoin

In another blow to the mainstream adoption of cryptocurrencies, British regulatory watchdogs have now resorted to the clampdown of the sale, marketing and distribution of crypto-based derivatives and exchange-traded notes [ETNs] to retail customers. The document released by the Financial Conduct Authority [FCA] titled, “Restricting contract for difference products sold to retail clients,” revealed the agency’s […]
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