The Financial Conduct Authority (FCA) considers banning altogether the sale of crypto derivatives such as CFDs on Bitcoin to retail clients, reveals the Cryptoasset Taskforce report published this week. This is a report on the UK’s policy and regulatory approach to crypto assets, drafted by the HM Treasury, the Bank of England and the FCA. Whilst the Taskforce Report recognizes that cryptoassets have the potential to bring benefits to markets, companies and retail investors, there are a number of different considerable risks associated with these financial products. The UK financial watchdog said that it would begin discussions in the first quarter of the next year on whether it would go ahead with the proposed ban on crypto assets.