FCA considers restrictions on using credit to buy crypto
The Financial Conduct Authority is considering restrictions on using credit to purchase cryptoassets.
It comes as part of the next phase of consultation on the future regulation by the FCA.
A discussion paper published today (May 2) is seeking views on intermediaries, staking, lending and borrowing, and decentralised finance.
The regulator said with more people using credit to purchase crypto it is also considering whether restrictions should be applied in that area.
David Geale, executive director of payments and digital finance at the FCA,…
