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

2019-7-3 19:30

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.

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derivatives etns conduct authority financial outlaw plans

Источник: ambcrypto.com

derivatives etns → Результатов: 4


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 […]

2019-7-3 20:10


Фото:

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.

2019-7-3 15:43


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