🇬🇧 A UK trading firm gets green light to offer a new derivative tied to crypto
The UK's Financial Conduct Authority (FCA) has given London-based trading firm B2C2 the go for crypto 'contracts-for-difference' (CFDs). CFDs allow leveraged betting on future crypto prices without actual management of coins. The FCA's approval comes in contrast to the U.S.'s SEC and CFTC, which are taking a comparatively long time to okay crypto derivative trading.
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