• FXOpen halts retail derivatives sales
    The U.K.'s FCA has booted retail investors out of the crypto derivatives market (Photo: Pixabay)
    Cryptocurrencies

    U.K. crypto exchange FXOpen halts retail derivatives sales

    In the wake of an U.K. Financial Conduct Authority ruling, FXOpen tells retail customers to close their positions on crypto asset derivatives before Jan. 5

    December 30, 2020 /

    In October, the United Kingdom financial market regulator FCA prohibited the sale of such derivatives to retail customers, suggesting that the average investor cannot understand them. FXOpen’s moves puts it in compliance with those rules.

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