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UK FCA crypto derivatives ban ignored 97% of consultation respondents

Published 10/14/2020, 05:50 AM
Updated 10/14/2020, 07:20 AM
UK FCA crypto derivatives ban ignored 97% of consultation respondents

Last week’s blanket banning of cryptocurrency derivatives by the United Kingdom’s Financial Conduct Authority ignored 97% of respondents to its consultation, according to the FCA’s own policy statement.

The 527 respondents included exchanges and companies involved in crypto assets and derivatives, trade bodies, national competent authorities, legal representatives and individuals.

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