According to reports, the Financial Conduct Authority (FCA), which is the primary financial regulator in the UK, is considering restricting the ability to use credit to buy Bitcoin and other crypto assets. This stems from concerns regarding straining consumer debt and other financial injuries. The proposal was presented in a new discussion paper that the…
The Financial Conduct Authority (FCA) is looking to tighten the rules around cryptocurrency in the UK. A new discussion paper outlines measures aimed at mitigating risk for retail investors interacting with digital assets. Growing UK Market This comes alongside a spike in public interest in digital assets across the UK. Data from August 2024 reveals…
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