“These investment schemes are often marketed as a unique opportunity to earn lucrative profits and secure generational wealth through blockchain technology, a metaverse, liquidity and staking pools, a tokenized skyscraper and digital assets purportedly convertible to physical gold,” the Texas agency described in its emergency cease-and-desist order.
UK plans to ban use of credit score for Bitcoin, crypto purchases as debt dangers develop
Key Takeaways The UK FCA proposes to ban bank card use for buying Bitcoin to mitigate client debt dangers. The...