Stopping deprivation – UK considers ban of derivatives

Over usage leads to exploitation and deprivation of the quality and worth of a resource. UK has taken this idea a bit severely. The Financial Conduct Authority (FCA) the finance regulatory authority of UK is seeing to ban the derivatives of cryptocurrencies. The agency considers it as the most comprehensive response to the venture in the speech it gave on the regulation of cryptocurrencies event. FCA finds itself responsible for working on the regulatory quandary. The agency is planning to find ways to regulate the usage of cryptocurrencies by incorporating options, futures and transferable securities.

5 Comments

  • Christopher
    Posted November 21, 2018 12:43 pm 0Likes

    cryptocurrency and associated instruments are grow.

  • Jerome
    Posted November 21, 2018 12:46 pm 0Likes

    Illicit activities really?

  • Grey
    Posted November 21, 2018 12:48 pm 0Likes

    Stop crime not crypto!

  • Jerry
    Posted November 21, 2018 12:50 pm 0Likes

    Regulation is coming for cryptocurrencies all over the world.

  • Jerold
    Posted November 21, 2018 12:53 pm 0Likes

    companies are not properly regulated.

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