Breaking: FCA bans offering cryptocurrency derivatives to retail customers

FXStreet Team FXStreet

The Financial Conduct Authority announced a ban on selling cryptocurrency-related derivatives to retail customers. The regulator believes that these instruments are ill-suited for the retail customers due to the high amount of risk. The ban comes into effect on January 2021.

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FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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