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 ($68.9 million) in losses each year. The ban comes into effect on January 6, 2021. In a statement on October 6, the regulator declared that […]
The post UK Bans Sale of Crypto Derivatives to Retail Investors, Says Move to Save $69 Million in Losses appeared first on Bitcoin News.
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Derivatives trading platform provider Plus500 posted a 284% increase in revenues in the first quarter of this year compared to the previous year, largely due to high levels of interest in its cryptocurrency CFDs offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Triple Digit Rise On Tuesday, contracts for difference (CFDs) market provider […]
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The European Securities and Markets Authority (ESMA) has announced that it will impose restrictions on the leverage offered for contracts-for-difference (CFDs) and binary options offered to European retail investors. Under the new measures, the leverage offered on cryptocurrency CFDs will be limited to no more than 2:1. Also Read: PBOC to Strengthen Cryptocurrency Regulations in 2018 […]
The post New ESMA Measures Impose 2:1 Restriction on Leverage for Crypto CFDs appeared first on Bitcoin News.
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The largest search engine on the planet, Google, announced formally it will restrict advertisement of “Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice),” including aggregators and affiliates regarding “cryptocurrencies and related content.” Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining Google […]
The post Following Facebook – Google Bans Crypto Ads: No Currencies, ICOs, Exchanges, Wallets, Advice appeared first on Bitcoin News.
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