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Bitcoin Ban Extremely Unlikely Post-U.S. Treasury’s Comment

U.S. Treasury Secretary: Bitcoin, Crypto Are “National Security Issues”On Monday, the U.S. Treasury Secretary made it clear that he is aware of Bitcoin, cryptocurrencies, and Libra, especially in regards to what issues they pose to society and traditional finance.Echoing Donald Trump’s stances to a T, Steven Mnuchin noted that “cryptocurrencies

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UK’s Finance Watchdog FCA Proposes Retail Ban on Crypto-Based Derivatives

UK’s finance watchdog, the Financial Conduct Authority (FCA), has proposed to outlaw cryptocurrency-based derivatives. In a press release published last Wednesday, the FCA proposed a retail ban on crypto derivatives with the aim to protect investors from financial harm.To be specific, the ban will be imposed on the sale, marketing

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FCA’s Ban on Crypto Financial Instruments Affects UK Retailers

Earlier today, the UK’s market regulator, the Financial Conduct Authority (FCA), announced a proposal that would ban financial instruments linked to digital cryptocurrencies. The regulator has warned that such instruments using cryptocurrencies could incur huge losses for retailers who don’t understand the great risks associated with using them. The FCA’s Ban

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British Regulator FCA Prepares a Potential Ban of Crypto CFDs for Retail Investors

British financial watchdog, the Financial Conduct Authority (FCA), is preparing a potential ban on the sale of crypto derivatives to retail investors, according to an official document released on July 1.In the document, titled “Restricting contract for difference products sold to retail clients,” the FCA revealed that the regulator

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