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Cobens Direct
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  3. FCA lift ban on retail crypto exchange trades products

FCA lift ban on retail crypto exchange trades products

Scheduled Pinned Locked Moved Investments and Portfolios
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  • J Offline
    J Offline
    Jaws
    wrote last edited by
    #1

    Treated myself to a copy of the FTWeekend today and just been reading about this. Does this mean that an entirely crypto-based type portfolio might be in the the Cobens 'mix' in due course? Or is there already a portfolio in existence that does the same thing?

    Just wondering.

    TIA

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    • A Offline
      A Offline
      Adam Kay
      Global Moderator
      wrote last edited by Adam Kay
      #2

      My take on the current position is whilst you can hold shares in companies involved in Crypto investing, such as Coinbase or MicroStrategy, you can not hold crypto assets directly in SIPP/ISA wrappers as per HMRC regulations.

      I personally know very little about crypto currencies.

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      • J Offline
        J Offline
        Jaws
        wrote last edited by
        #3

        Thanks for taking the time to reply Adam << thumbs up thingy>> 🙂

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        The value of your investments can go down as well as up, and you may get back less than you invested.

        Cobens a trading name of Astute Financial Management UK Limited is authorised and regulated by the Financial Conduct Authority. Registered Address: 4th Floor Peek House, 20 Eastcheap, London, EC3M 1EB. Registered in England and Wales No. 5850981.

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