UK’s FCA Plans to Block Borrowed Funds for Crypto Purchases

The UK’s Financial Conduct Authority (FCA) has proposed to stop consumers from borrowing money, including using credit cards, to invest in cryptocurrencies. The measure is part of a wider set of rules to bring most of the crypto market under the regulator’s oversight for the first time. The FCA cited growing concerns about unsustainable debt […] The post UK’s FCA Plans to Block Borrowed Funds for Crypto Purchases appeared first on Coin Edition.