WFC Archives - The Industry Spread

World Federation of Exchanges Asked FCA Not to Ban Crypto Derivatives for Retail Investors

October 9, 2019

The global industry group for exchanges and CCPs has asked the Financial Conduct Authority, the UK’s regulatory authority, not to ban the sale of crypto derivatives to retail consumers.

While agreeing and supporting the regulator’s desire to better protect vulnerable consumers, the WFE wishes to help find the right balance between enabling innovative products to be traded in the UK, and ensuring that they are sold responsibly, by fully regulated providers.