Investors in cryptoassets such as bitcoin are often looking to "get rich quick", despite knowing little about the asset or doing no research before buying, FCA research has suggested.
In a comprehensive quantitative and qualitative study of 2,132 consumers, the Financial Conduct Authority (FCA) found "potential harm" as more than 70% of consumers do not understand cryptocurrency...
Asking for apology
SM&CR deadline 31 March 2021
Pressure mounts on FCA to tackle Google ad scams as sector says it's shown 'little appetite' to help
Monthly meetings not enough
Headed by Simon Monk
2,000 advice firms shifted
Building a brand
'Better balance between fee and interest income'