Home Blockchain News ‘You’re on Your Own’: UK Watchdog is Fear-Mongering Bitcoin Investors

‘You’re on Your Own’: UK Watchdog is Fear-Mongering Bitcoin Investors

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Britain’s financial watchdog has warned investors that they have no regulatory protections to turn to when they buy or sell cryptocurrencies. According to the Financial Conduct Authority, the UK’s Financial Services Compensation Scheme does not cover cryptocurrencies such as Bitcoin and Ethereum. Additionally, crypto investors cannot seek the services of the UK Financial Ombudsman Service: […]

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