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2019-07-03 16:30:45

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

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 […]The post UK’s Financial Conduct Authority plans to outlaw crypto-linked derivatives and ETNs appeared first on AMBCrypto.