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Crypto derivatives banned – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 07 Oct 2020 04:05:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Crypto derivatives banned – DIGIT INFO https://www.digit.info 32 32 UK Bans Sale of Crypto Derivatives to Retail Investors, Says Move to Save $69 Million in Losses https://www.digit.info/uk-bans-sale-of-crypto-derivatives-to-retail-investors-says-move-to-save-69-million-in-losses/ Wed, 07 Oct 2020 04:05:02 +0000 https://www.digit.info/2020/10/07/uk-bans-sale-of-crypto-derivatives-to-retail-investors-says-move-to-save-69-million-in-losses/ Read more]]>

UK Bans Sale of Crypto Derivatives to Retail Investors, Says Move to Save $69 Million in LossesThe 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 […]

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