UK Retail Investors Face Ban on Using Loans for Crypto Purchases
The UK’s Financial Conduct Authority (FCA) has unveiled proposals to ban retail investors from using borrowed funds, including credit cards, personal loans, and e-money credit lines, to purchase cryptocurrencies. The move, detailed in a new discussion paper (DP25/1), aims to curb the risks of unsustainable debt and speculative losses, as crypto adoption surges among everyday … Continue reading UK Retail Investors Face Ban on Using Loans for Crypto Purchases
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