Market news: UK plans to ban consumers from borrowing to buy cryptocurrencies such as bitcoin
2025-05-02 10:42:56
Britain's financial watchdog plans to ban retail investors from borrowing money to invest in cryptocurrencies such as bitcoin, as it seeks to bring the fast-growing digital asset market under its purview for the first time. The restrictions on lending for cryptocurrency purchases are part of a sweeping set of rules issued by the Financial Conduct Authority on Friday, days after the government unveiled plans for legislation targeting digital asset markets.
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