UK watchdog warns of risk to investors in leveraged bets on cryptocurrencies

UK watchdog warns of risk to investors in leveraged bets on cryptocurrencies

Online derivatives trading groups are taking advantage of the growth of cryptocurrencies to let retail customers bet on wildly fluctuating prices, prompting warnings from regulators.   IG Group, the biggest UK online derivatives trading company by market share, allows retail investors to trade “contracts-for-difference” based on bitcoin and another digital currency Ether. CFDs track the…

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