French regulator tightens net on cryptocurrency derivatives

Bitcoin Adobe Stock 2
22 Feb 2018

The French financial markets regulator clamped down on cryptocurrency derivatives on Thursday, setting out tighter regulation and an advertising ban for the products.

The Autorité des Marchés Financiers took aim at binary options, contracts for difference and rolling spot forex products referencing cryptocurrency underlyings, all of which are typically available for retail consumption. Binary options provide fixed returns when an underlying moves in a desired way, while CFDs and rolling spot ...

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