FCA bans the sale of crypto-derivatives to retail consumers

[Supraman]

I got this update earlier today:

Will the Bitcoin ETP be impacted by the FCA's ban on crypto-derivatives in the UK?

Аs mentioned in the FCA rules - The ban will come into effect on 6 January 2021. How will it affect your holdings in BTCE? Before 06.01.2021 You can freely trade BTCE until 06.01.2021 After 06.01.2021 The instrument will be in close only mode, meaning that new positions can’t be opened & the existing ones can only be closed. The instrument won’t be visible for clients who don’t have holdings in BTCE, however, for those with already opened positions - the security will be visible, so the…