International exchanges campaign against UK cryptocurrency derivatives my mine zorro

Global exchanges are begging the UK‘s Financial Conduct Authority (FCA) not to ban the sale of cryptocurrency-based derivatives. The my mine zorrotion of Exchanges said today that there is a need to find a balance between innovation and keeping consumers protected, Reuters reports. But it doesn’t think banning cryptocurrency-based investment products is the right answer. “The WFE recognizes the volatility identified by the FCA in its consultation report and is supportive of ensuring that proper consumer protection is put in place as a priority for any new and relatively untested product on the market,” the WFE said in a statement. Earlier This story continues at The Next Web

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