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UK Financial Watchdog Mulls Ban on High Risk Crypto Derivatives

UK Financial Watchdog Eyes Ban on Sale of Crypto Derivatives

The Financial Conduct Authority (FCA) is eyeing a potential ban on the sale of cryptocurrency derivatives, the Financial Times reported. The UK financial watchdog said that it would begin discussions in the first quarter of the next year on whether it would go ahead with the proposed ban on crypto-based difference, futures, and options.