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London — Britain’s markets watchdog is proposing banning the sale of derivatives based on crypto-assets to retail consumers from early 2020 due to what it considers the prevalence of market abuses.

Prices of crypto-assets, which include currencies such as bitcoin as well as tokens representing other tradeable assets, are volatile, and there is a lack of a clear investment need for products referencing them, the Financial Conduct Authority (FCA) said on Wednesday...

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