Financial Times: UK regulators plan to ban retail investors from borrowing money to invest in cryptocurrencies

According to Mars Finance news, on May 2, the Financial Times reported that UK financial regulators plan to ban retail investors from borrowing money to invest in cryptocurrencies like Bitcoin. The agency is attempting to regulate the rapidly growing digital asset market for the first time. The restrictions on loans for purchasing cryptocurrencies are part of a comprehensive set of rules released by the UK Financial Conduct Authority on Friday, just days after the UK government proposed legislative plans for the digital asset market.