Major Exchanges Urge UK Regulator to Not Restrict Crypto Derivatives

The World Federation of Exchanges (WFE), a global trade association of publicly regulated exchanges, has urged the United Kingdom’s Financial Conduct Authority (FCA) not to restrict cryptocurrency derivatives for retail investors. The WFE made a statement on Oct. 7 in response to the financial regulator’s consultation paper on potentially banning on crypto derivatives such as Bitcoin (BTC) futures…

Nasscom Speaks Out Against Crypto Ban

A proposal recently initiated by the Indian government panel for a ban on all cryptocurrencies has received attention from Nasscom, an Indian trade organization. Rather than banning all crypto not backed by the government, Nasscom believes a better option would be for the government to create a framework to regulate cryptocurrencies and tokens. Having a…