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UK Regulators Warn Small Investors May Get Swallowed by Crypto Investing

Saturday, Jul 06 2019
Regulatory
Written by  FinTech News Brief Staff
UK Regulators Warn Small Investors May Get Swallowed by Crypto Investing

The UK’s Financial Conduct Authority is considering proposing a ban on “financial instruments linked to digital cryptocurrencies.” So reports The Guardian.

The market regulators have warned the products may yield massive losses to customers, especially small investors, who do not understand their value or risks. It is expected the Financial Conduct Authority will heavily scrutinize Facebook’s planned Libra cryptocurrency.

Read the full article from the Guardian.

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