ICOs Under Pressure, eToro Stops FX in Russia: Best of the Week

[kreslik.news]

The saga of the Chinese ban on cryptocurrency took up a lot of news space last week, but we still found time to report on Saxo Bank, eToro, and the FCA.


FCA warns against ICOs

The UK’s Financial Conduct Authority (FCA) warned investors on Tuesday against the speculative risks inherent with initial coin offerings (ICOs).

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The FCA views the popular practice as highly speculative, carrying exorbitant levels of risk for investors. It said:

“Businesses involved in ... (read more)