I’ve just read the notification too.
The FCA changes come into effect on 06/01/2021. The statement says “we will be gradually reducing maximum trading quantities of cryptocurrencies until December 1, 2020”.
I can’t see how the reduction can be particularly “gradual” over a period of just 9 days. Indeed, I was able to buy more bitcoin (BTC) last Thursday (19/11/2020) but I couldn’t buy any more over the weekend because the maximum traded quantity was reduced to 1 and right now it appears to have been further reduced to 0.5. When I asked about this on another thread, I got this response:
However, I don’t know if this explanation relates to the FCA ban or not.
Why do Trading 212 need to reduce the maximum traded quantity as a result of the FCA ban at all? And why are they targeting 01/12/2020 for the end of the reductions rather than 06/01/2021?