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

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Šs mentioned in the FCA rules - The ban will come into effect on 6 January 2021.

How will it affect your holdings in BTCE?

  1. Before 06.01.2021
  • You can freely trade BTCE until 06.01.2021
  1. After 06.01.2021
  • The instrument will be in close only mode, meaning that new positions canā€™t be opened & the existing ones can only be closed.
  • The instrument wonā€™t be visible for clients who donā€™t have holdings in BTCE, however, for those with already opened positions - the security will be visible, so they can track the price & the performance.