UK Bans Sale of Crypto Derivatives to Retail Investors, Says Move to Save $69 Million in Losses

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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