The FCA Have Just BANNED Crypto Derivatives ❗ What Does It Mean For You!? ????

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The FCA have just banned Crypto Derivatives! The UK's financial regulator bans crypto-based products for retail investors after a year-long review... What does it mean for you? The ban means that you can still buy Cryptos like Bitcoin and Ethereum but you can't buy a derivative of a crypto.
A derivative is like a CFD, spreadbet, future...etc This comes into effect on Jan 6 2021. The FCA is arguing that cryptocurrency derivatives are ill-suited for retail consumers due to the harm they pose.

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