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Get Into Cryptocurrency Trading Today
Since the emergence of cryptocurrencies and ICO (Initial Coin Offering), most countries are trying to regulate this new space.
This is not without difficulties.
Some countries have simply banned platforms on their territory. This is the case of Vietnam for example.
Others are working on laws to protect the consumer.
Still others are content to fight against money laundering and the financing of international terrorism as in the United States.
It is in this desire to fight against money laundering and the financing of terrorism that London must make changes to its law on cryptocurrency trading platforms.
The law should encompass both trading platforms and wallet providers.
The United Kingdom Government is therefore negotiating amendments to the Fourth Anti-Money Laundering Directive and the Financing of Terrorism.
This comes after two warnings:
First, by the Financial Conduct Authority (FCA), against the risks of ICOs.
Then, two weeks ago, about CFDs for cryptocurrencies.
Regarding CFD crypto currencies, the regulator explained that the latter were extremely volatile and therefore very risky. Not to mention the risks associated with the leverage effects that some platforms offer.
The regulator will therefore oversee platforms offering cryptocurrency CFDs.
These must be authorized by the FCA.
It is undeniable that these protections will not be able to protect investors against transaction losses.
And these regulations obviously only concern platforms authorized in the European Economic Area (EEA).
Individual complaints should be addressed to the Financial Ombudsman Service (FOS).
However, if the platform concerned is in the EEA.
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Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.
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Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.
Trade
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Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting allthe data fromseveral exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current priceand the price24 hours ago.
Trade
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