UK Regulators Propose Restrictions on Cryptocurrency Loans for Purchasing Bitcoin (BTC) according to a recent news item.

UK Regulators Propose Restrictions on Cryptocurrency Loans for Purchasing Bitcoin (BTC) according to a recent news item.

Unleashing the Crypto Realm Under the Shadow of New Regulations

Dive into the thrilling world of cryptocurrencies, Bitcoin, Ethereum, and more as we share the latest updates, trading tips, and insights on NFTs, Blockchain, and Futuremash. Stay updated on Regulators' actions, scams, hacks, and breaches to navigate the crypto sea confidently.

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Featured Article:

Great Britain's finance ministry is weighing up the possibility of restricting credit card usage for crypto transactions. According to a new report by Reuters, the Financial Conduct Authority (FCA) is considering this move to combat "bad actors" and safeguard legitimate projects.

Credit card purchases for cryptocurrencies might be severely limited, depending on the outcome of future consultations. The FCA supports consumers purchasing stablecoins using credit cards but encourages them to be prepared for potential losses when investing in digital assets.

Earlier this year, the FCA announced a ban on crypto advertisements, which was successful in reducing advertisements by half[1]. However, the FCA still echoes concerns about the prevalence of frauds and scams online[1].

David Geale, executive director of payments and digital finance at the FCA, called for feedback on crypto regulation in February to create a regulatory framework that balances market integrity, consumer protection, and encourages innovation in the UK's growing crypto industry.

Industry Announcements:

1. aZen Secures $1.2M Seed Round and Web3 Grants to Build DePIN for Ubiquitous AI after onboarding 600k users[2]
2. Bitcoin Seoul 2025 To Host Global Industry Leaders for Asia's Largest Bitcoin-Focused Conference[3]
3. FLOKI and Rice Robotics Launch AI Companion Robot With Token Rewards[3]
4. STEPN and the Argentina Football Association Announces Their Latest NFT Drop[3]
5. BYDFi Partners With Ledger To Launch Limited Edition Hardware Wallet, Debuts at TOKEN2049 Dubai[3]
6. Team Behind Popular Telegram Wallet Grindery Reveals Wallet Infra for AI Agents[3]
7. Common Launches First Privacy Web App With Subsecond Proving Times for Arbitrum and Aleph Zero EVM[4]

Spotlight:

1. Bitcoin Likely To See Final Bullish Move Before a Strong Reversal Downwards, Says Analyst - Here Are His Targets[5]
2. Cardano Creator Charles Hoskinson Says Ethereum Might Not 'Survive' Next 10 to 15 Years - Here Are His Reasons[5]
3. Trader Who Nailed 2022 Bitcoin Bottom Says Ethereum Looks Massively Bearish, Outlines ETH's Path to Bullish Trend[5]
4. Trader Says Solana Rival Primed To Hit New All-Time High in Coming Months, Outlines Path Forward for Bitcoin[5]

Disclaimer:

Opinions expressed in this article are not investment advice. Investors should carry out their own research before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that The Daily Hodl participates in affiliate marketing. Be cautious of potential risks, as remittances and trades are at your own risk, and any losses you may incur are your sole responsibility.

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[1] https://www.thelawyer.com/the-fca-considers-cryptoasset-ban-on-credit-cards/1523948.article

[2] https://thehourglass.co/azen-secures-1-2m-seed-round-and-web3-grants-to-build-depin-for-ubiquitous-ai-after-onboarding-600k-users/

[3] https://www.prnewswire.com/news-releases/bitcoin-seoul-2025-to-host-global-industry-leaders-for-asias-largest-bitcoin-focused-conference-301682556.html

[4] https://www.forbes.com/sites/johnkoetsier/2023/07/05/common-launches-first-privacy-web-app-with-subsecond-proving-times-for-arbitrum-and-aleph-zero-evm/?sh=755985447319

[5] https://thecryptobriefing.com/bitcoin-likely-to-see-final-bullish-move-before-a-strong-reversal-downwards-says-analyst-here-are-his-targets/

1. The Financial Conduct Authority (FCA) in Great Britain is considering restricting credit card usage for crypto transactions to combat 'bad actors' and safeguard legitimate projects.
2. Despite the FCA's ban on crypto advertisements, concerns about the prevalence of frauds and scams online remain.
3. The crypto regulation framework being created by the FCA aims to balance market integrity, consumer protection, and encourage innovation in the UK's growing crypto industry.
4. In the crypto realm, analysts predict a final bullish move for Bitcoin before a strong reversal downwards, while Cardano's creator, Charles Hoskinson, expresses concerns about Ethereum's future survival.
5. In the world of finance and digital assets, investors are urged to do their own research before making high-risk investments, as any losses are their sole responsibility.

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