Jan 13 2021

Cryptocurrency Derivatives Ban Comes Into Effect in the UK

published by Andrew Turner
in blog CoinCheckup Blog – Cryptocurrency News, Articles & Resources
original entryCryptocurrency Derivatives Ban Comes Into Effect in the UK

cryptocurrency cryptocurrency news derivatives

Cryptocurrency derivatives were prohibited in the UK starting from January 6. The Financial Conduct Authority (FCA) first announced the news in October, following extensive discussions around the issue. The ban prohibits companies from offering crypto derivatives, including options, futures, and other similar instruments to customers in the United Kingdom.