Trading holds the potential for significant gains but equally carries the risk of partial or complete capital loss. It’s essential to note that nearly 70% of traders face losses.
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Moreover, the Financial Conduct Authority (FCA) has released policy statement PS20/10, prohibiting the sale, marketing, and distribution of Contracts for Difference (CFDs) linked to cryptocurrency assets in the UK. This regulation also restricts the circulation of any promotional materials related to cryptocurrency-based CFDs or other similar financial instruments targeting UK residents.