UK Financial Regulator Plans Ban on Buying Crypto With Borrowed Money

UK Financial Regulator Plans Ban on Buying Crypto With Borrowed Money

The UK’s Financial Conduct Authority (FCA) is considering options that may lead to a restriction preventing residents from using credit to acquire crypto assets. As reported by Financial Times on Friday, the FCA wants to restrict companies from enabling residents to purchase crypto using credit cards. This is part of a new discussion document published…