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FCA suggests ban on crypto derivatives

July 5, 2019

Via: Finextra
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The Financial Conduct Authority (FCA) has focused on derivatives linked to crypto-assets, citing their extreme volatility, difficulty in valuation and the limited understanding of these products among retail consumers.

The regulator’s fear is that retail investors may “suffer harm from sudden and unexpected losses if they invest in these products” according to executive director of strategy and competition at the FCA Christopher Woolard.

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