Hong Kong Proposal to Ban Retail Crypto Traders Sees Backlash | Crypto Briefing

Key Takeaways

Global Digital Finance has expressed concern over proposal that cryptocurrency trading in Hong Kong should be limited to professionals. 
In Nov 2020, Hong Kong’s Financial Services and the Treasury Bureau (FSTB) proposed its new rules that govern how crypto exchanges operate.

Read more

UK FCA derivatives ban signals disapproval of crypto as a whole, CoinShares exec says

Following the definitive ban of cryptocurrency derivatives in the United Kingdom, cryptocurrency companies in the country shared their thoughts on the matter with Cointelegraph.
Among the most affected is CoinShares, a U.K. company known for providing cryptocurrency exchange-traded notes, or ETNs.

Read more