<h1>FCA Plans Possible UK Ban Of Crypto-Based Derivatives</h1>

fca-plans-possible-uk-ban-of-crypto-based-derivatives

The Financial Conduct Authority, a UK financial watchdog, has issued a press release stating the agency is consulting over a ban on the “sale, marketing and distribution to all retail consumers” of crypto-based derivatives including options and futures, as well as “unregulated transferable cryptoassets.”

<h1>BIS Head Is All About Digital Currency</h1>

bis-head-is-all-about-digital-currency

Agustín Carstens, general manager of the Bank for International Settlements, stated that the banking institution was in support of central banks that want to research, make, and issue their own digital currency, adding that, thanks to projects like Libra, the market will evolve “sooner than we think.”

<h1>Bitwise Says Fake Trading Volume Does Not Affect BTC Prices</h1>

bitwise-says-fake-trading-volume-does-not-affect-btc-prices

Back in March, crypto investment manager Bitwise claimed its research showed 95 percent of all reported crypto trading volume on unregulated exchanges was fake. Now, in a newly published white paper, Bitwise researchers have shown that, despite the fake trading volume, regulated bitcoin futures and improved custody services help keep the cryptocurrency’s price true.