UK’s Financial Conduct Authority (FCA) is consulting today on a cryptoassets guidance. The financial watchdog will decide later this year whether to outlaw certain cryptocurrency derivatives. The Matter of Cryptocurrency Derivatives According to an official press release, the FCA is consulting on a cryptoasset guidance today. The framework, once finished, will define the activities which will fall under the organization’s jurisdiction. One of the points in the FCA’s guidance addresses the high risks of leveragedRead MoreThe post UK’s Financial Watchdog May Soon Ban Sale of Crypto Derivatives appeared first on Bitcoinist.com.
