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From my understanding, this ban applies to regulated activities such as trading some specific securities, as well as options, contracts, and the likes. From th
by topicseed 5y ago
From my understanding, this ban applies to regulated activities such as trading some specific securities, as well as options, contracts, and the likes.
From the FCA's website[0]:
> While we don’t regulate cryptoassets like Bitcoin or Ether, we do regulate certain cryptoasset derivatives (such as futures contracts, contracts for difference and options), as well as those cryptoassets we would consider ‘securities’ – find out more information. A firm must be authorised by us to advertise or sell these products in the UK
[0] https://www.fca.org.uk/news/news-stories/consumer-warning-binance-markets-limited-and-binance-group https://www.fca.org.uk/news/news-stories/consumer-warning-bi...