The FCA Relaxes Retail Exposure Limit for Crypto ETN Products, But Derivatives Ban Remains
BlockBeats News, August 1st, According to official sources, the UK Financial Conduct Authority (FCA) announced today that retail investors are allowed to trade crypto ETN products on approved UK-based Recognised Investment Exchange (RIE) platforms, subject to compliance with financial promotion rules to ensure information transparency and prevent inappropriate incentives.
Despite the opening of trading channels, such products are still not protected by the UK Financial Services Compensation Scheme (FSCS), and relevant companies must also comply with the Consumer Duty.
The FCA's retail ban on crypto derivatives remains in effect, and it will continue to monitor the market dynamics of high-risk investment products to promote the development of an overall regulatory framework for crypto assets.
Вам также может понравиться
Растущие активы
Последние новости криптовалют
GIGGLE has retraced yesterday's gains, pulling back around 27% from its peak.
A trader closed a $18.8 million USD ETH short position at a profit of $909,000 USD
A whale bought 65.65 WBTC the day before liquidation and suffered a loss of $316,000.
Ripple Labs предоставила расширение операций платежного бизнеса в Сингапуре
Arthur Hayes: Если Tether держит неликвидные активы, любое недочет может вызвать вопросы о чрезмерном обеспечении
Служба поддержки:@weikecs
Деловое сотрудничество:@weikecs
Количественная торговля и ММ:[email protected]
VIP-программа:[email protected]