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Ban on cryptocurrency derivatives imminent: Economist

Ban on cryptocurrency derivatives imminent: Economist

Recently published, The Economist article argues that a ban on cryptocurrency derivatives seems imminent. The piece furthers that the crypto-regulators in the world may soon begin putting in efforts for the cryptocurrency derivatives to be outlawed. This may prevent an inconsistent market and protect retail investors. Financial Conduct Authority (FCA) propositioned an injunction on any opportunities that allow investors to bet on the prices of cryptocurrencies, including their futures, possibilities, and other produce. FCA needs a bit more time for its consultation with financial controllers and regulators. The article by The Economist also states how FCA has no intention to

Published at: 2019-10-05 02:46:07

Author: Cryptopolitan

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