The UK's Financial Conduct Authority (FCA) has proposed banning the use of any form of credit, including credit cards and loans, to purchase cryptoassets, citing the increasing consumer debt associated with volatile digital assets.
A recent survey commissioned by the FCA and conducted by YouGov found that 14% of UK cryptocurrency users used credit to purchase cryptocurrencies in August 2024.
The UK's Financial Conduct Authority has proposed banning the purchase of cryptoassets through credit
2025-05-03 19:56:44
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