Hargreaves Lansdown goes slow on crypto
Crypto is booming. Should the British public be encouraged to invest in innovative financial products that have generated handsome financial returns for many, including President Trump and boxer Mike Tyson? Or should they be discouraged from jumping on a bubbly craze that could prove worthless?
For the past four years, the Financial Conduct Authority has stopped British retail investors from accessing crypto products traded on regulated exchanges. That ban ended last Wednesday, as part of a general shift from crypto-scepticism to crypto-friendliness by UK authorities.
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This shift has divided the main investment platforms used by British retail…
