In summary: The FCA has banned crypto derivatives and exchange-traded notes (ETN) for retail customers According to the FCA, the move is aimed at protecting retail investors The ban comes into effect 6th January 2021 Bitcoin and the crypto-verse were briefly rattled by the news but BTC has continued to hold the $10,660 price area Another global regulatory body has tightened its grip on crypto derivatives trading. Earlier today, the UK’s Financial Conduct Authority (FCA) announced that it has banned […]
