The FCA has banned the sale of a swathe of cryptocurrency investments to retail investors in the UK. The FCA has published final rules banning the sale of derivatives and exchange traded notes (ETNs) that reference certain types of cryptoassets to retail consumers. They consider these products to be “ill-suited” for retail consumers due to the harm they pose. The regulator said these products cannot be reliably valued by retail…
Read MoreFraud goes viral
If it sounds too good to be true, it probably is. This is an old maxim, but remains a good one. UK fraud prevention groups are warning individuals to be extra vigilant following a huge increase in the number of scams seeking to exploit the pandemic; as these scams increase in sophistication, we are all vulnerable. Your best tactic is to equip yourself to stay ScamSmart; you can do this…
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