Britain's financial watchdog said on Tuesday it would ban the sale to retail investors of products tracking the price of crypto assets like Bitcoin, arguing that most people lost money on them. The Financial Conduct Authority (FCA) said there was no reliable basis for valuing crypto assets that underpin derivatives and exchange-traded notes.
Britain's financial watchdog said on Tuesday it would ban the sale to retail investors of products tracking the price of crypto assets like Bitcoin, arguing that most people lost money on them. The Financial Conduct Authority (FCA) said there was no reliable basis for valuing crypto assets that underpin derivatives and exchange-traded notes.