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Bitcoin Nora 1y ago

First UK crypto ETPs to launch on May 28

https://www.ft.com/content/76e9ecf3-4429-42c5-a945-43ab92abfda4

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Bud 1y ago

Plebs can’t buy them. The paternalism is stunning.

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Bitcoin Nora 1y ago

Too 'harmful' for plebs but apparently not for institutions. Lol

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Stu 1y ago

Institutions get bailouts if these derivatives go bad. Plebs don't. In fact they have to pay for the bailouts.

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Stu 1y ago

'...will only be available to professional investors because the FCA has ruled that “crypto derivatives are ill-suited for retail consumers due to the harm they pose”.' 🤔

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Stu 1y ago

"CRYPTO DERIVATIVES are ill-suited for retail consumers due to the HARM they pose”

Retail consumers better stick to #Bitcoin and #Self-Custody then. 👌

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Bitcoin Nora 1y ago

Exactly. Until they come up with a reason to ban us from doing that

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bitcarnicoin 1y ago

NOT FOR YOU POORS