The Monetary Conduct Authority (FCA) has printed remaining guidelines banning the sale of derivatives and alternate traded notes (ETNs) that refere
The Monetary Conduct Authority (FCA) has printed remaining guidelines banning the sale of derivatives and alternate traded notes (ETNs) that reference sure kinds of cryptoassets to retail shoppers.
The U.Okay.’s main monetary regulator stated it considers these merchandise to be ill-suited for retail shoppers as a result of hurt they pose, asserting these merchandise can’t be reliably valued by retail shoppers due to the:
The FCA estimates that retail shoppers will save round £53m from the ban on these merchandise.