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UK watchdog bans Bitcoin-based products for retail investors

By Staff Writer on Oct 7, 2020 12:15PM
UK watchdog bans Bitcoin-based products for retail investors

Saying most people lose money on them.

Britain's financial watchdog will ban the sale to retail investors of products that track the price of cryptoassets like Bitcoin, saying most people lose money on them. The Financial Conduct Authority (FCA) said there is no reliable basis for valuing cryptoassets that underpin derivatives ...

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ban bitcoin cryptocurrency finance financial investor loss retail

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By Staff Writer
Oct 7 2020
12:15PM
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