英国金融行为监管局（FCA）公布了一份声明，表示将考虑禁止销售基于加密货币的衍生品，并将于2019年第一季度开始就是否禁止这一问题进行磋商。
 

与加密现货市场的活动不同，基于加密货币的期货、期权及差价合约（CFDs）等衍生品的交易活动目前属于FCA的监管范围，需要得到官方授权。据英国金融时报报道，对于伦敦的在线交易平台来说加密货币衍生品的销售已经越来越有利可图，例如IG Group和Plus500。
 

在声明中，FCA明确表示“加密资产没有任何内在价值，因此投资者应随时做好失去其所投入价值的准备”，还进一步强调这个资产类别对金融稳定构成了“潜在的威胁”。
 

此外，据报道，FCA还计划就是否将其监管管辖权扩展到加密资产本身，以及包括交易所及钱包等在内的基础设施提供商这一问题展开同步磋商。
 

对此，英国数字货币行业自律协会CryptoUK的主席Iqbal Gandham表示很欣赏这一行动，但同时也强调很重要的一点是“新的规则应该注意适度，不要设置过高的障碍，这也包括对散户投资者而言”。
 

与此同时，英国的加密资产专项工作组也于本周一发布了一篇报告，报告对加密货币持有谨慎的态度，但也认可这一新兴领域的有益创新。同时，报告也强调了基于杠杆的加密货币的衍生工具甚至比现货市场交易更具风险，因为他们会放大并“造成超出初始投资的损失”。
 

英文原文

The U.K.’s Financial Conduct Authority (FCA) has said it will consider whether to ban the sale of cryptocurrency-based derivatives, the Financial Times (FT) reported Oct. 29.
 

Unlike crypto spot market activities, trading, transacting and advising on crypto derivatives such as contracts for difference (CFDs), options, and futures currently falls within the FCA’s regulatory perimeter and requires its official authorization.
 

In a statement published Monday, the watchdog is reported to have said it will now launch a consultation in the first quarter of 2019 into whether or not to place a ban on their sale in future.
 

The regulator’s remarks came the same day as a new report published by the Cryptoassets Taskforce – which includes representatives from the FCA, the U.K. Treasury and the Bank of England – emphasized that leveraged crypto-based derivatives were even riskier than spot market trading as they can amplify and “cause losses that go beyond the initial investment,” as well as imposing additional fees.
 

FT reports that the sale of crypto derivatives have become increasingly profitable for London-listed online trading platforms, citing IG Group and Plus500 as examples.
 

The FCA reportedly plans to launch a parallel consultation into whether to extend its regulatory jurisdiction to crypto assets themselves, as well as to infrastructure providers such as exchanges and wallet services.
 

CryptoUK chair Iqbal Gandham is quoted by FT as saying the group was “pleased” by the proactive move, but stressed “[i]t is important that new rules are proportionate and do not put up excessive barriers, including for retail investors.”
 

In its statement, the FCA is said to have “made clear that in its view cryptoassets have no intrinsic value and investors should therefore be prepared to lose all the value they have put in,” further highlighting that the asset class as a whole poses “potential future threats to stability.”
 

As reported yesterday, the U.K. government Taskforce’s newly-published report proposed a three-fold framework for cryptoassets, depending on whether they are used as a means of exchange, for investment, or to support capital raising and the development of decentralized networks through Initial Coin Offerings (ICOs). The report struck a circumspect and interventionist tone, while recognizing the beneficial innovations of the emerging sector.
 

Earlier this month, the legal director of London-based corporate and insurance law firm Reynolds Porter Chamberlain (RPC) said the introduction of crypto market regulations in Britain could take around two years.