FCA Warns Crypto Investors May “Lose All of Their Money”

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UK’s FCA Warns Investors of High-Risk Crypto Investments and Scams

The Financial Conduct Authority said investors in cryptocurrency products offering high returns should be prepared to lose "all their money."

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Crypto Market Forecast: W/C 12th October 2020

A curated weekly summary of forward-focused crypto news that matters. This week - Square buys 4,709 Bitcoins, the UK's FCA bans crypto derivative sales to retail investors, Bitcoin price passes through $11,000 as its hashrate hits an all-time-high, and Monero prepares to hardfork.

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Crypto Long & Short: A UK Ban on Crypto Derivatives Will Hurt, Not Protect Investors

The FCA’s retail investor crypto derivatives ban is a misuse of regulatory authority, argues Noelle Acheson. What’s more, its main justification is one of crypto assets’ strongest features.

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97% of People Consulted by UK Financial Regulator Opposed Crypto Derivatives Ban

The Financial Conduct Authority (FCA) ban on crypto derivatives sales to retail investors has set tongues wagging. It is no mystery. After a consultation process that closed Oct. 3, 2019, with 97% of participants opposed to the prohibition, the U.

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FCA bans sale of crypto derivatives to UK retail investors

The Financial Conduct Authority will stop the sale of cryptocurrency derivatives to retail investors... The post FCA bans sale of crypto derivatives to UK retail investors appeared first on Coin Journal.

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UK Bans Sale of Crypto Derivatives to Retail Investors, Says Move to Save $69 Million in Losses

The U. K. ’s Financial Conduct Authority (FCA) has banned the sale of cryptocurrency derivatives products to retail investors in a move that it says will save the targeted customers £53 million ($68.

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FCA prohibits the sale of crypto derivatives to retail investors

The Financial Conduct Authority (FCA) has banned the sale of crypto derivatives and exchange-traded notes (ETNs) that revolve around certain cryptocurrencies to retail consumers. The agency unveiled this news via a press release on October 6.

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Promising Sign: Almost 2 Million People In UK Currently Own Bitcoin And Other Cryptocurrencies

The lackluster prices have not ruined the resolve of cryptocurrency investors in the United Kingdom. A new study commissioned by the UK’s Financial Conduct Authority (FCA) has found that almost 2 million UK residents currently own cryptocurrency.

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UK: Binance to Launch FCA Regulated Cryptocurrency Trading Platform

The Changpeng Zhao-led Binance, one of the largest cryptocurrency exchanges by trading volumes and client count, will launch a fiat-supported platform in the UK to cater to growing retail and institutional investors in the next few weeks reports Reuters, on June 17, 2020.

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Beware of This Bitcoin Company, UK Regulator Warns

The UK’s financial regulator has warned crypto investors and traders that Bitcoin Evolution isn’t authorized to operate in Britain. They’ve said that the service could be a scam. Unauthorized Firms Shouldn’t Do Business in UK, FCA Says The UK Financial Conduct Authority (FCA) accused Bitcoin Evolution, which provides a crypto trading application, of operating on the British territory without being authorized by the regulator.

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BnkToTheFuture invests in BMI Capital to facilitate US compliant STOs

BnkToTheFuture, a global online investment platform, announced today a strategic investment in US broker-dealer BMI Capital. The parties aim to reach a wider pool of investors and launch new US compliant Security Token Offerings (STOs).

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FCA Will Make Final Decision On Whether To Ban Crypto Derivatives (CFDs and ETNs) in the UK

The government of the United Kingdom has recently affirmed that its regulators and the executive should decide whether crypto derivatives should be banned for retail investors or not. According to the reports, the economy secretary John Glen affirmed that the Financial Conduct Authority (FCA) was the only entity that would determine if the ban should […]

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B2C2 Unveils Bitcoin-Settled Gold Derivatives Product 

B2C2, a leading cryptocurrency over-the-counter (OTC) liquidity provider to financial institutions, has announced the launch of its gold derivatives product which it says is priced and settled in bitcoin.

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UK Financial Watchdog Urged to Reconsider Banning Crypto-Derivatives by World Federation of Exchanges

In an official statement issued on October 7, 2019, the World Federation of Exchanges (WFE) – a global body for exchanges and cryptocurrency trading platforms – asked the U. K. ’s Financial Conduct Authority (FCA) to reconsider putting a blanket ban on the sale of crypto derivative products to retail investors.

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ICE, NASDAQ, CME Urge FCA Not to Restrict Crypto Derivatives for Retail Investors

Coinspeaker ICE, NASDAQ, CME Urge FCA Not to Restrict Crypto Derivatives for Retail InvestorsThe WFE, which scouts together over 70 exchanges, including the London Stock Exchange Group, Deutsche Borse, NASDAQ, and Intercontinental Exchange, has requested FCA not to illegalize cryptocurrency derivatives.

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FCA Pondering Crypto-Derivatives Ban

The UK’s Financial Conduct Authority (FCA) intends to ban crypto-related derivatives aimed at retail investors, according to a recent article published by The Economist. A consultation in this regard ended yesterday, and the verdict will be available early next year.

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Britain’s FCA Mulling Retail Ban on Crypto Derivatives to Protect Investors

The Financial Conduct Authority (FCA), Britain’s top financial regulator, has just concluded a consultation on crypto asset derivatives products. It believes that amateur traders using the products have little awareness of the risks involved.

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Cryptocurrency Derivatives Could Soon Be Banned by Regulators: The Economist

The Economist argues that the FCA and other regulators will start banning crypto derivatives to protect retail investors  

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BnkToTheFuture invests in Diacle to drive security token adoption

BnkToTheFuture invests in Diacle to drive security token adoption - CryptoNinjas BnkToTheFuture, an online investment platform, today announced a strategic investment in Diacle, a UK FCA appointed representative blockchain consultancy, to boost security token adoption.

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Fraudsters Impersonate United Kingdom’s FCA in Bitcoin Email Scam

The Financial Conduct Authority (FCA), the top financial watchdog of the United Kingdom, has warned crypto enthusiasts of a scam email that has been impersonating it in a bid to lure unsuspecting investors into investing in a fake bitcoin (BTC) investment scheme, reports FT Adviser on July 22, 2019.

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Britain’s FCA Considers Ban on Crypto Derivatives; Too Risky for Small Investors

The Financial Condict Authority considers investments based on digital assets as too volatile and risky for small-scale investors.

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UK to Limit Leverage for Retail Crypto CFD’s, Potential Ban in the Works

As per an official document published by the UK’s Financial Conduct Authority (FCA) has revealed that the UK will move to push measures that protect retail investors from magnified losses in a hyper-volatile cryptocurrency market, July 2, 2019.

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UK Financial Conduct Authority Proposes Ban on Sale of Crypto Derivatives to Retail Investors

The FCA outlines rules to prohibit the sale of CFDs and ETNs The UK markets regulator cited no reliable basis for valuation of underlying assets as one of the reasons The UK’s markets regulator, the Financial Conduct Authority (FCA) has proposed a ban on the sale of derivatives and exchange-traded notes (ETNs) related to a […]

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UK regulator wants crypto-derivatives ban to protect ‘ill-suited’ retail investors

The UK‘s Financial Conduct Authority has proposed a ban on cryptocurrency-related investment products to protect retail investors. In an announcement released earlier today, the FCA said that cryptocurrency-based derivatives and exchange traded notes (ETNs) are “ill-suited to retail consumers who cannot reliably assess the value and risks.

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UK’s FCA Proposes Total Ban On Retail Crypto Derivatives

The Financial Conduct Authority (FCA) has today released further guidance on its position on cryptocurrencies. The UK’s chief financial regulator says it is seriously considering a complete ban on access to all crypto-linked derivatives for retail investors.

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British Regulator Looks To Possibly Ban Crypto CFDs For Retail Investors As Security Tightens

The Financial Conduct Authority (FCA), known as one of the most important financial watchdogs of the United Kingdom, is currently preparing a ban on the sale of crypto derivative assets to retail investors in the country.

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British Regulator FCA Prepares a Potential Ban of Crypto CFDs for Retail Investors

British financial watchdog, the FCA, will soon publish a consultation paper on a potential ban of crypto CFDs for retail investors

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FCA Cautions Against Sketchy CFDPremium Scam to United Kingdom Investors

The U. K. ’s Financial Conduct Authority (FCA), one of the most important financial regulators in the country, has decided to warn the local investors against a new company called CFDPremium, which is targeting U.

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Bullish Brits lost $34M to cryptocurrency scams last year

British investors losturrency scams also tripled over the same period. While last year there were X cases reported, the FCA notes the number has gone up to 1,800 this year. The FCA’s announcement states that fraudsters often used social media to promote “get-rich-quick” schemes.

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No, Bitcoin (BTC) is Not a Quick Rich Scheme, Price Approaching $4,000

Bitcoin prices up 1. 6 percent FCA Research paints crypto-asset owners as greedy Transaction volumes low, drive above $4,500 must be high-volume. The UK’s FCA research concludes that Bitcoin (BTC) and crypto-asset investors are here for the money.

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UK Regulator: Most Crypto Investors Driven By “Get Rich Quick” Mindset

A series of studies published by the United Kingdom’s Financial Conduct Authority (FCA) reveal some of the mentality driving cryptocurrency investment interest. While all investors, whether it be the traditional markets or cryptocurrency, are motivated.

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Bulgarian cryptocurrency scam lures UK investors with fake FCA accreditation

The UK Financial Conduct Authority (FCA) is warning consumers to be extra vigilant as cryptocurrency scammers are falsely claiming to have FCA accreditation. In a statement from yesterday, the FCA warned Bulgaria-based blockchain startup Next Coin Market is misleading UK-based investors by linking to a fake website that suggests the company has been fully authorized by the FCA, despite having received no such accreditation.

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FCA Issues Warning Against Scams

The FCA has announced that the amount lost to scams in 2018 reached $255 million in 2018 and urged investors to beware before they spend money on investors, as per a February 6, 2019 press release. Conning Crypto  Scams are nothing new, however the sheer amount of money lost to various scams, including crypto scams,Read MoreRead More.

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New Action Fraud Data Prompts FCA in the UK to Warn Investors About Crypto Scams

One of the less pleasant parts of cryptocurrency is the rampant scams that are common in the industry. This is true of any emerging industry but The Financial Conduct Authority (FCA) of the UK has issued a warning to investors against dialing for crypto-related scams.

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B2C2 Gets Go-Ahead from U.K. Regulators to List Bitcoin Derivative

B2C2, a cryptocurrency “liquidity provider” and electronic OTC trading magnate, has recently announced that British regulators have given their U. K. -based subsidiary approval to offer the crypto space a new investment derivative.

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FCA Uncovers Sneaky ALPH Capital Crypto Company Cloning Scam, Cautions Investors of Fake Services

This Friday, the Financial Conduct Authority (FCA) flagged a firm pretending to represent a legitimate company called ALPH Capital on grounds of cryptocurrency scam. Although a real company called ALPH Capital exists, it is a small investment firm with offices in Italy and the UK.

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FCA Warns Crypto Investors About SafeMarkets Broker, Citing No Authorization in UK to Operate

UK’s Financial Conduct Authority (FCA) has just issued a warning to investors due to the fact that there is a company offering crypto services in the UK without the proper authorization. The company is called SafeMarkets and it is based in Estonia.

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Глава Allianz Global Investors призвал к запрету криптовалют

CEO компании Allianz Global Investors Андреас Утерманн заявил, что регуляторы должны запретить криптовалюты. Allianz Global Investors – это одна из старейших компаний, которая занимается управлением активами.

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UK’s FCA Might Ban Sale Of Cryptocurrency Contracts-For-Difference (CFDs) To Retail Investors

Christopher Woolard, the FCA’s executive director of strategy and competition reported that British regulators are considering banning cryptocurrency-contracts-for-difference sales to retail investors.

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British Regulator FCA Warns UK Crypto Investors Of AsicTrader Bitcoin Brokerage Scam

FCA AsicTrader Scam The British Financial Conduct Authority (FCA) has been mired in dealing with an uptick in scam artists attempting to take advantage of members of the public and convincing them to part with their funds.

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FCA Warns U.K. Investors of Elaborate Cryptocurrency Scams Involving Prestigious London Addresses

The U. K. Financial Conduct Authority (FCA) has warned local investors to be wary of elaborate cryptocurrency scams, some of which claim prestigious physical addresses in London. Details of the Cryptocurrency Schemes In an official release by the FCA on Friday (August 17, 2018), the financial watchdog describes several ways fraudulent cryptocurrency schemes are carried out.

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Financial Conduct Authority Issue Warning To UK Bitcoin Investors

The UK Financial Conduct Authority (FCA) have issued a warning to Bitcoin and cryptocurrency investors in the UK with regards to a rogue trading platform that has been established by the name of ‘Fair Oaks Crypto’.

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Crypto Trading Platform Claims Fake Authorization, UK Regulator Warns

Fair Oaks Crypto is using the name and address of FCA-registered asset manager Fair Oaks Capital in what the FCA considers an attempt at scamming UK investors.

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Financial Conduct Authority (FCA) Catches ‘Fair Oaks Crypto’ For Fake Authorization

On Tuesday, August 7, 2018, the Financial Conduct Authority (FCA) has warned British investors against associating with Fair Oaks Crypto, as the latter is claimed to have falsified the legitimacy of its business, namely with the use of “fake authorization”.

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FCA Chooses Blockchain Companies for Fourth Cohort of Regulatory Sandbox

The Financial Conduct Authority (FCA), responsible for conduct and relevant prudential regulation of financial services firms and financial markets in the U. K. , has announced the details of the firms selected to be part of cohort 4 of its regulatory sandbox, according to an FCA post.

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UK’s FCA Issues Yet Another Warning Against Crypto Brokers

The Financial Conduct Authority of the U. K. has warned traders against an unregulated firm called Cryptorobot365. The regulatory body blacklisted the firm for providing cryptocurrency investment services in the country without authorization from the agency.

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