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2025-05-02 14:32:11

tzongocu on Nostr: 📰 News Alert... 🔖 Title: FCA Proposes Ban on Borrowing for Crypto Investments ...

📰 News Alert...

🔖 Title: FCA Proposes Ban on Borrowing for Crypto Investments
🗓️ Published: 2025-05-02T17:00:00+03:00
📄 Summary: The UK's Financial Conduct Authority (FCA) is set to introduce a ban on retail investors borrowing money to invest in cryptocurrencies. This measure is part of a broader regulatory framework aimed at protecting consumers and ensuring the market's sustainability. The FCA acknowledges the growth potential of the crypto sector but emphasizes the need for a responsible approach. Key concerns include the risks of unsustainable debt and market manipulation. The FCA is eager to create a competitive environment for crypto businesses while safeguarding investors.
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https://www.ft.com/content/b15fb494-83f5-44fd-b9e7-a40ef5226451?shareType=nongift

🗞️ Source: Financial Times
💓 #CryptoRegulation #FCA #InvestSmart
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