Financial Conduct Authority Issue Warning To UK Bitcoin Investors

Financial Conduct Authority Issue Warning To UK Bitcoin Investors
ôîòî ïîêàçàíî ñ : cryptodaily.co.uk

2018-8-8 17:30

The UK Financial Conduct Authority (FCA) have issued a warning to Bitcoin and cryptocurrency investors in the UK with regards to a rogue trading platform that has been established by the name of ‘Fair Oaks Crypto’.

It is alleged that Fair Oaks Crypto seems to be masquerading as a cryptocurrency trading platform, yet it does not have authorisation from the FCA, which is currently a legal requirement in the UK. In fact, any company offering any form of financial service needs to have FCA registration and approval in order to be able to trade.

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