flash on Nostr: ⚡️🇬🇧 NEW - The UK’s Financial Conduct Authority (FCA) has proposed ...

⚡️🇬🇧 NEW - The UK’s Financial Conduct Authority (FCA) has proposed banning the purchase of crypto assets using any form of credit, including credit cards and loans, citing rising consumer debt tied to volatile digital assets.

A recent FCA-commissioned YouGov survey found 14% of UK crypto users used credit to buy crypto in August 2024.