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2019-07-03 16:30:49

UK regulator planning to ban crypto CFDs

According to a recent announcement from the Financial Conduct Authority, the UK regulator may be in the process of placing a permanent ban on Bitcoin futures and Contracts for Difference on cryptocurrencies. The United Kingdom has already implemented a regulation that would place CFDs under a whole slew of restrictions. Two of which are the most important. There will be serious restrictions on promoting and selling CFD related products, and the trading of which will have a leverage cap of 30:1. The FCA mentioned cryptocurrency CFDs specifically though. CFDs on stocks and commodities will remain unchanged, but crypto CFDs may