Market News: UK plans to ban consumers from borrowing money to buy cryptocurrencies such as Bitcoin

PANews reported on May 2 that the UK financial regulator plans to ban retail investors from borrowing money to invest in cryptocurrencies such as Bitcoin, as the agency attempts to bring the fast-growing digital asset market under regulatory control for the first time. Restrictions on loans for cryptocurrency purchases are part of a series of comprehensive rules released by the UK Financial Conduct Authority on Friday, just days after the UK government proposed a legislative plan for the digital asset market.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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