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UK Regulator Proposes Ban on Crypto Purchases Using Credit
UK Regulator Proposes Ban on Crypto Purchases Using Credit
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The UK’s Financial Conduct Authority is considering a ban on purchasing cryptocurrencies with credit cards or other borrowed funds. The proposal aims to curb consumer debt risks associated with volatile digital asset investments.
Market participants have until June 13 to submit feedback on the planned restrictions. The move reflects growing regulatory scrutiny of retail crypto trading practices across major jurisdictions.
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