The FCA has published final rules banning the sale of derivatives and exchange traded notes (ETNs) that reference certain types of cryptoassets to retail consumers.
The FCA considers these products to be ill-suited for retail consumers due to the harm they pose. These products cannot be reliably valued by retail consumers because of the:
- Staff
- FinExtra
- https://www.finextra.com/pressarticle/84394/fca-bans-sales-of-crypto-deriviatives-to-uk-consumers/risk
