UK FCA crypto derivatives ban ignored 97% of consultation respondents

Cointelegraph

Published Oct 14, 2020 05:50AM ET

Updated Oct 14, 2020 07:20AM ET

Last week’s blanket banning of cryptocurrency derivatives by the United Kingdom’s Financial Conduct Authority ignored 97% of respondents to its consultation, according to the FCA’s own policy statement.

The 527 respondents included exchanges and companies involved in crypto assets and derivatives, trade bodies, national competent authorities, legal representatives and individuals.

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